Mount Eden - CALLING ALL INVESTORS - DOUBLE DIGIT YIELD!

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Location Unit 700/1 Enfield Street, Mount Eden
Type Retail Property
Floor Area 24 m2
Land m2
Listing No # 4039053
Listed 13/06/2024
Views 39

Description

  • Long-term 5 + 5-year lease with built-in rental growth
  • High profile 3m x 8m digital billboard
  • Returning $242,327 net p.a. from an established operator 
  • Massive exposure to Mt Eden Road

Prominent positioning on the architecturally designed 1 Enfield Street complex, this high profile 3m x 8m digital billboard is secured by an established operator returning $242,327 net per annum + GST. This passive Freehold unit is further supported by a built-in annual CPI increase on a long-term 5 + 5-year lease.
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 annual rental growth in a strong and emerging Mt Eden location dont miss out on this high-yielding investment opportunity!

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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