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Remuera

32 Remuera Road, Remuera, Auckland

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55sqm Floor area

Brand new 4 years Liquor Store Lease


•Well-established tenanted investment with strong track record
•Brand new 4 years Lease commencing in May 2024
•Holding income of $48,877pa plus GST and outgoings with further rent review
•Strategic locality with unparalleled access to train station, transport links and motorways
•High profile street exposure
55sqm (more or less) of freehold strata unit ideally situated within a mixed-use development of Newmarket train station. It benefits from high foot traffic along busy Remuera Road, close to the Broadway intersection. This location also enjoys a growing residential community with over 200 apartments in its immediate vicinity.

This offering presents an excellent opportunity for any investors seeking a reliable income stream in a vibrant and well-established Newmarket. Future owneroccupiers can hold for future use.

This property is ticking all the right boxes in term of locality, accessibility, connectivity as well as the tenant covenant.

For Sale by Negotiation
Oscar Kuang

Oscar Kuang

Commercial Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Karen Yung

Karen Yung

Commercial, Retail and Investment Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ken Hu

Ken Hu

Commercial, Development and Investment Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Exposure


It benefits from high foot traffic along busy Remuera Road, close to the Broadway intersection.

Location


In heart of Newmarket

Passing income


Net Rental $48,877pa + GST with fixed rental increase

Opportunity


Well-established tenanted investment

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