Property listing ID: 4022246
Barfoot & Thompson Commercial is pleased to present this lunch bar located at 2/17 Hannigan Drive, St Johns for sale by auction. The property is positioned in the highly accessible location of St Johns within a tidy and well-maintained complex with easy access to motorway on/off ramps. It's an excellent opportunity to purchase this established long-term tenanted hand-free investment property. The current CV is $510,000 as of June 2021. KEY FEATURES: • Freehold unit investment property • 84m² total building area (approximately) • Road frontage with a long-term established tenant • The current tenant is paying $17,028.83 per annum + GST and part of OPEX • Market rent review 3 yearly on lease renewal and the lease final expires in June 2034 • Low maintenance and carefree property • Suitable for the hands-free investor Please contact the sole agents to register your interest today.
Listed by Barfoot & Thompson , Jane Chen (South Auckland Commercial) , Brenda Wong (Pakuranga)