Auction: at 34 Shortland Street, City on Wednesday 14 July 2021 at 10:00AM (will NOT be sold prior)

If you are looking for a commercial investment property in the $1,000,000 to $2,000,000 range then you must consider this.

The property has a Manukau Road address and is situated in the heart of the Royal Oak retail area. It's road front, has a rear vehicle and goods access off a service lane, and backs directly onto the Royal Oak Shopping Centre car park.

The property is Freehold (Fee Simple) and standalone. It has a 27 metre height overlay under the Unitary Plan.

The tenant is established and has long-term lease renewals, having just exercised the second four year term.

KEY FEATURES:

• Fee Simple site of 339m²
• Established tenant with income of $55,054 p.a. net plus GST
• CV $1,280,000

Call Murray and Sue for further details and viewing arrangements.