340 Ponsonby Road, Ponsonby, Auckland

Three Lamps retail: new five-year lease

• Rare Ponsonby investment opportunity returning $69,186pa + GST
• Brand new five-year lease from September 2022 with guaranteed fixed rental growth
• Excellent location situated in the heart of Three Lamps, Ponsonby

Grab a slice of Ponsonby with this rare opportunity to acquire a passive investment offered to the market. Tenanted by Three Lamps Minimart, an established operator, on a five-year lease from September 2022, this freehold retail unit of approximately 87sqm (approximately) is underpinned with guaranteed rental growth and an additional rental bond.
The property benefits from its excellent location, positioned in the heart of bustling Three Lamps Village. Comprising a range of retail, hospitality, office and surrounding residential, the Three Lamps district is typically characterised as a strategic and tightly-held location with a strong customer base, low vacancy rates, and great accessibility to Auckland CBD and adjacent suburbs of Ponsonby.
Secure your next investment, this one ticks the boxes.