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Albany

G01/9 Kaipiho Lane, Albany, North Shore

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96sqm Floor area

Well-groomed tenanted investment


Is your property portfolio as well-groomed as this tenanted investment?

This is an immaculate space which is leased by a hairdresser who saw the sense in continuing their business surrounded by a large captive residential population and the busy Ramada Hotel and Suites.

The five-year lease commenced in May 2021 and has right of renewal pending. The current rental is $50,938pa plus GST, and this will increase to $51,957pa + GST on 1 May 2025. The lease provides for market rent reviews upon each renewal.

Customers have excellent ease of access with multiple on-site shared parks as well and plenty of additional pay parking nearby. The complex is located next to the Albany Bus station and part of the well designed Albany City Centre. The stylish space is 96sqm with an additional 46sqm terrace.

To be a cut above the rest, call us now for full tenancy details and to arrange an inspection. The time to purchase is now - the smart money knows this.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

16
Apr

Time11am
Calander
Calendar
Peta Laery

Peta Laery

Investment, Commercial and Development Sales

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
Jill Downie

Jill Downie

Commercial, Development and Investment Sales

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

Features

Zoning


Business – Metropolitan zone

Parking


47 shared parks plus multiple pay parks

Catchment


Large and growing local catchment

Planned development


Part of a meticulously planned centre of Albany

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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