Unique opportunity to secure the signage unit situated on the southern elevation of 396 Queen Street, Auckland Central. The unit sits directly above the ground floor shops and has excellent exposure to Mayoral Drive and Queen Street.
The Freehold Unit Title is leased to a well known billboard operator for an initial term of 10 years from 7 March 2020 at $70,000 per annum plus GST and outgoings. Rent reviews are annual to CPI with market reviews every five years.
This hassle free investment provides an excellent return and demands further consideration.
KEY FEATURES:
- Freehold Unit Title
- High profile CBD location
- 10 year lease
- $70,000 + GST and outgoings
- Annual CPI reviews
- Excellent return
- Call now for more details
