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Passive investment in Kumeu Town Centre

Unit C and/90 Main Road, Kumeu

Retail Property
gavel

Auction

Floor area
170m2
Title type
Unit Title
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Property details

Listing # 1691989 | Listed on 13 April 2022

• Affordable Tenanted investment

  • High-profile position in Kumeu town centre
  • Long-standing Tenant just signed new long lease + rights of renewal until 2037
  • Returning a net income of $47,873.95pa + GST

Attention all new and seasoned investors! This is an affordable, easily managed, welllocated investment opportunity. Unit C and D has a combined net rentable area ofapproximately 170sqm.Allen's Village Pharmacy has been a Tenant since November 2007, and has recentlysigned a new five year lease plus further rights of renewal until 2037.

The two units form part of a strip shop complex, next to Kumeu medical centre withplenty customer parking. The ground floor consists of open plan retail/showroomapproximately 134sqm; both units has its own mezzanine floor, comprisingapproximately 36sqm office area. The property offers road frontage with superbprofile in the rapidly expanding kumeu area. 25 kilometres to the north-west of theAuckland CBD and 10 minutes from the Westgate Metropolitan Centre.

This is a perfect opportunity for investors who is looking for a solid hands-off, longterm investment. Call now!

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