Rosedale - PRIME TENANTED INVESTMENT OPPORTUNITY IN ROSEDALE

Description

Deadline sale: Closes on Thursday 17 April 2025 at 4:00PM (unless sold prior)
Unlock the potential of this exceptional commercial offering in one of North Shore City’s most sought-after locations. Positioned on the bustling Constellation Drive — one of the major arterial routes in Auckland — these two modern, high-profile units represent almost 50% of a vibrant five-unit retail complex with strong tenants and steady income.
UNIT 1:

• Corner gem with dual income streams
• 346m² total floor area (173m² ground-floor retail plus 173m² first-floor studio)
• Ground floor - leased to a thriving Brazilian restaurant, a local favourite drawing consistent foot traffic
• Upstairs - long-established yoga and meditation studio, adding stability and community appeal

UNIT 5:

• High-stud space with a well-known gym tenant
• 398m² high-stud retail/commercial space
• Leased to a franchisee of a well-known national gym chain, a destination for fitness enthusiasts

KEY FEATURES:

• Total combined net rental income of $283,480 per annum
• 11-year-old contemporary complex with 30 shared car parks, including two wheelchair spaces
• Surrounded by popular, high-traffic tenants, creating a dynamic commercial hub
• Located within the National Policy Statement on Urban Development (NPS-UD) zone, unlocking potential redevelopment opportunities
• Buy one or buy both - flexible options for investors

With the vendor highly motivated to sell, this is an outstanding chance to secure a low-maintenance, high-yielding investment with future upside. Whether you're looking for immediate rental income or long-term development potential, this offering delivers both.
Act now to secure your stake in this thriving retail and commercial hotspot.
Contact the sole agent today for more details or to arrange a private viewing.