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.
KEY FEATURES: • 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
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