A little boutique-sized Freehold retail unit in the popular Mid-City Shopping Arcade. The complex has dual entrance with high pedestrian count between Queen Street and Elliot Street in Auckland Central.
Tenants in the complex benefit from a variety of retailers including fashion shops, health products, hair and beauty salons, restaurants, variety of eateries, a supermarket and a large fitness centre opening soon.
This unit is on the ground level and is leased to a hair dresser who has been operating since 2010. A new lease is in place for five years from 01 April 2019 plus a further five years right of renewal with an annual net rental of $30,070 plus GST.
This is the perfect entry level investment opportunity.
Please contact Sole Agent Agnes Teh on 021 308 900 or Kim Loo on 021 332 929 for further information or viewing arrangement
• Freehold retail unit on Queen Street address • High pedestrian area • Busy location day and night • Well established hair dressing salon • New lease five year + five years from 01 April 2019 • Returning net $30,070 pa + GST