B/178 Carlisle Road, Northcross, North Shore

Quality investment with long-term lease

• Renewed six-year lease term to tenant in occupation over 10 years
• Returning $41,079.96pa + GST with $20,000 security deposit
• High-profile corner location
• Floor area approximately 83sqm

178 Carlisle Road is one of the most tightly-held retail complexes by owners and tenants alike on the North Shore. Occupying a high-profile corner position on East Coast Bays Road the development offers ease of access and ample car parking servicing a large residential catchment including Browns Bay, Torbay and Long Bay.

Carlisle Road links to Oteha Valley Road providing connectivity to Albany, Auckland's motorway network and beyond underpinning this convenience and service retail hub.
The subject unit has been occupied by a local hairdressing operator since built and has the benefit of a renewed six-year lease term providing a secure return. With zero current vacancy and long-standing tenants including Hells Pizza, Subway and Liquorland this is a valuable location that will make for a safe investment.