G08/1 Kaipiho Lane Albany | Barfoot & Thompson

G08/1 Kaipiho Lane, Albany

Auction Thursday 5th December(unless sold prior)


Albany on Auckland's North Shore continues to grow, as well as the opportunities along with it.

Located on the ground floor of Ramada Albany is a fantastic tenanted retail investment. Ramada Albany has 66 serviced apartments and experiences fantastic occupancy rates, making the building a busy location. Next to the Albany Park & Ride plus near the Oteha Valley on and off ramps, this is a high profile site.

The unit is in good company including tenancies from the Coffee Club, Just laptops, a clothing store and a gym. The neighbouring apartment block OKLA is nearing completion and has sold 90% of the 117 apartments. This block is due for completion in 2020.

The unit has a total area of 119m² (including patio) and has an immaculate fitout by the current tenant.

This is an opportunity not to be missed - with interest rates hitting new lows, commercial property makes for a better return. Call Sole Agent, Brian Paulin today.

• Tenanted retail investment
• Rental $48,500 plus GST
• Six year lease
• Final expiry date 30 March 2032
• Part of Ramada Albany
• Great neighbours
• Retail area 119m² (including patio)
• For sale by auction - Thursday 5 December 2019

Property details

G08/1 Kaipiho Lane, Albany
Property ID:

Auction details

Auction at 129 Hurstmere Road, Takapuna (Branch Office) on Thursday 5th December at 12:00pm (unless sold prior)Auction at 129 Hurstmere Road, Takapuna (Branch Office) on Thursday 5th December at 12:00pm (unless sold prior)05/12/2019 12:00:00 PM05/12/2019 12:00:00 PM129 Hurstmere Road, Takapuna (Branch Office)Auction for G08/1 Kaipiho Lane, Albany, North Shore City starting at 12:00 p.m. Auction running at at 129 Hurstmere Road, Takapuna (Branch Office). Starting at 12:00 p.m.. For the property located at G08/1 Kaipiho Lane, Albany North Shore City. Hosted by Barfoot & ThompsonPacific/AucklandDD/MM/YYYY

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Brian Paulin

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