JLL is pleased to exclusively offer for sale 530 Te Atatu Road, Te Atatu Peninsula, Auckland.

• Freehold risk-averse investment on a high-profile main road site within walking distance to all amenities
  
• High quality fit-out and A-Grade seismic rating with 100% NBS
  
• 100% leased - returning $147,910 net p.a. plus GST with fixed rental growth
  
• 318sqm NLA comprising of a long-established, award-winning business on a new six year lease with 13 on-site carparks
  
• 817sqm fee simple landholding with highly favourable Business Town Centre zoning – an excellent land-bank option.
  

This is an outstanding opportunity to secure a prominent and fully leased site in Te Atatu Peninsula. Only 15 kilometres from Auckland's CBD, this mostly residential growth suburb has an established town centre that is tightly held. Rarely do commercial properties in this area come available and at the time of writing there is zero commercial vacancy advertised.

Strategically positioned at the entrance of this town centre, this main road property benefits from high traffic volumes daily which provides great exposure and ease of access.

530 Te Atatu Road offers purchasers an attractive location, a long and secure lease structure, sound asset fundamentals, high tenant quality and future redevelopment potential.

While funding by banks has been very tough on lower-quality buildings which do not have strong tenant covenants or with other considerations such as NBS and asbestos, 530 Te Atatu Road mitigates any risk with all the positive attributes you would seek as a passive investor.

If you are a hands-off investor, this property should be placed at the very top of your “Must See” list as it is as strong an investment offering that we have bought to the market in recent times.

530 Te Atatu Road, Te Atatu Peninsula is being offered for sale by Deadline Private Treaty.

Closing 4:00pm, Wednesday 23rd June 2021 (unless sold prior).

For further information please contact the exclusive agents.