Here is a fantastic small investment opportunity that you won't want to miss. 57A Wolverton Street is one of 12 units in this well located development in Avondale. This particular unit benefits from its high profile, road front position, as well as roller door access to the rear of the unit.
The tenant, Hopscotch Liquor Limited, has been in this location since February 2018 and have just renewed for a further term, running through until 2022. Hopscotch brew and sell craft beer on-site, running a popular operation that exemplifies the versatility of these units.
Wolverton Steet is a main, four lane road that links Blockhouse Bay Road to New Lynn; and is well positioned to take advantage of the high traffic count and the large customer base that frequents this thriving area.
These units rarely come to market, please get in touch with the Sole Agents today to arrange a viewing (strictly by appointment only).
KEY FEATURES: • Returning $21,600 plus GST per annum • Rent to increase to $22,900 plus GST per annum from 1 February 2020 • Approximately 80m² floor area • Roller door access • Two car parks • Fantastic profile • Light Industry zoning