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Wairau Valley

C/18 Link Drive, Wairau Valley, North Shore

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500sqm Floor area
13 Offstreet

Better than money in the bank


• Tenanted investment returning a net annual income of $130,000pa + GST
• Six year term from 2022
• Strategically positioned with great road appeal

For sale is a quality investment property of approximately 500sqm with 13 car parks providing an annual income of $130,000pa + GST.

The property is one of 21 units on a 1.8942-hectare site developed the early 1990s. Construction is concrete floors and walls with extensive glazing on the front walls. The grounds are landscaped and the body corporate is well-structured and funded.

Strategically positioned in the popular homeware precinct of Link Drive adjacent to Freedom Furniture and surrounded by entrenched national brand tenants including Spotlight, Target Furniture, Hoyts, Lighting Direct, Lighting Plus, ASB - amongst many others. The property also benefits from ease of access to motorway networks and is within a short distance to the Auckland CBD

For Sale by Negotiation
Trevor Duffin

Trevor Duffin

Commercial and Industrial Sales and Leasing

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Steven Liu

Steven Liu

Retail, Development and Investment Sales and Leasing

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Passing Income


Annual return of $130,000pa + GST and outgoings

Lease term


Six years commenced 15th of February 2022

Parking


Thirteen (13) carparks

Location


Strategically positioned in the popular Link Drive precinct

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