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Property Summary

Price: Tender
Location: Unit 6, 575 Don Buck Road, Westgate, New Zealand
Type: Commercial & Industrial Retail to Buy
Floor: 561m²
Listing No. 74784

Property Description

Tender: Closes on Thursday 18 May 2017 at 4:30PM (unless sold prior)

Westgate is a rapidly growing district of Auckland. After 56 hectares of commercial and residential land was re-zoned under the new Auckland Unitary Plan the suburb has exploded, especially with commercial development.

Located near the intersection of Fred Taylor Drive and Don Buck Road, is this newly built retail development. Workmanship on the development is high, and this is reflected by the quality tenant who has leased the current offering at Unit 6, 575 Don Buck Road, Learning Tree Childcare Centre. The unit has 1,159m² lettable area and has access to common car parks adjacent the unit.

With a strong brand as tenant, coupled with an initial term of 15 years, this unit offers a long term, secure investment, which, not only services the surrounding Royal Heights and Massey areas but will, in the future, service what will become the large residential catchment of Westgate.

KEY FEATURES: * Childcare consented for 110 children * 561m² retail unit * Built in growth * Secure tenancy with well known tenant * Located near the new Westgate development * Returning $286,000 pa net * Call the Sole Agents for an Information Pack


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