ENTRY LEVEL INVESTMENT, MID CITY ARCADE

Property listing ID: 84853

Floor area
28m²
Price / method
For Sale $335,000 Plus GST (if any)

Freehold retail unit located on level one in Mid City Arcade shopping centre, now available for sale. The complex has dual entrance with high pedestrian count between Queen Street and Elliot Street in Auckland Central. Leased to a barber shop on a three year lease, commencing on 1 May 2021. The premises is of rectangular shape with a floor area of approximately 28m², being part of Mid City Arcade. Gross rental is $22,608.70 per annum plus GST with the right of renewal to 2027. Tenants in the complex benefit from a variety of retailers including fashion shops, health products, hair and beauty salons, restaurants, a variety of eateries, a supermarket and a large fitness centre.

Listed by Barfoot & Thompson , Jane Tang (City Commercial)