Mount Eden - ASKING $710,000 (6.5%)

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Price $710,000 Plus GST (if any)
Location Unit 107/1 Enfield Street, Mount Eden
Type Retail Property
Floor Area 68 m2
Land m2
Listing No # 4039050
Listed 13/06/2024
Views 37

Description

  •  Long term six-year lease with built-in rental growth
  •  Returning $46,280 net p.a. to an established barber shop 
  •  Freehold 68m² unit with a secure on-site car park
  •  High profile corner positioning

Located on the ground floor of the architecturally designed 1 Enfield Street complex, this premium ground floor investment property is secured by a long-standing and established barber shop returning $46,280 net per annum + GST. This passive asset is further supported by a built-in two yearly reviews on a long-term six year lease with further rights of renewal.
Featuring an open-plan fitout with excellent natural light, polished concrete floors, and high-profile corner positioning. Also included is one secure on-site car park. Fantastic location on the corner of Mt Eden Road and Enfield Street near the Mt Eden train station, as well as a short drive to Mt Eden village and Westfield Newmarket. Overall, a secure, bottom-drawer investment with good rental.

Contact our agent

Reese Barragar

P: 09 36 3 1654
M: 027 55 5 2122
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Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

3/50 Kitchener Street
AUCKLAND CITY , 1010
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RealEstate Agents contact details and original listing on www.realestate.co.nz - Listed 13/06/2024

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