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Massey

A9/1-3 Red Hills Road, Massey, Waitakere

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156sqm Floor area

Drill into this quality tenanted investment.


The property is located in the Red Hills Convenience Centre, a modern complex located close to motorways, and at the top of Don Buck Road and Red Hills Road. The region has seen phenomenal growth over the last decade and this complex is well placed to take advantage of the wide customer base.

The high-profile location offers customers easy access via two driveways at either end of the complex and there is plenty of parking close to the door. Other tenants include medical centre, childcare, fast and sit down food, dairy, bakery, butcher and vegetable shop.

Maxcare Dental has a long term lease with rights of renewal and fixed annual rental increases. The business has other practices in Otahuhu and South Auckland and they offer over 35 years of experience in dental care with modern, state of art equipment. They offer extensive dental services including cosmetic dentistry, teeth whitening, root canal treatment, dental implants, crowns, bridges, veneers and more.

Maxcare Dental Massey West Ltd trading as Maxcare Dental
• Tenancy area: 155.76sqm (approximately)
• Initial lease term: Eight (8) years
• Commencement: 11/03/2023
• Rights of renewal: 4 x 8 years
• Rent review: 3 % annually, market upon renewal
• New renewal due: 11/03/2031
• Current rent: $56,227pa

Call us to arrange an inspection of the premises this really is an investment property to give you a sparkling smile.

Full documentation pertaining to this investment property can be accessed via propertyfiles.co.nz/1506501

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

12
Mar

Time11am
Calander
Calendar
Beterly Pan

Beterly Pan

Investment Sales and Leasing

Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Peta Laery

Peta Laery

Investment, Commercial and Development Sales

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

Features

Lease


Eight (8) year lease from 2023

Rent review


3% annual increases

Parking


Plenty of easy parking across the site

Opportunity


Drill in and put a crown on it

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