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Burswood

Unit 1/317 Ti Rakau Drive, Burswood, Manukau

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570sqmĀ Floor area

6 + 6 + 6 years bar and restaurant investment


ā€¢ Unbeatable street exposure on bustling Ti Rakau Drive
ā€¢ Bar and restaurant tenant returning approximately $174,240.00pa
ā€¢ TAB racing & sports betting and gaming machines on site
ā€¢ Superb opportunity for investors
ā€¢ Ample of common parking

570sqm (more or less) of tenanted hospitality investment positioned on bustling Ti Rakau Drive in East Tamaki, East Auckland. Surrounded by a who's who of national retailers including Bunnings Warehouse, Warehouse Stationary, Auckland Marine, Target Furniture along with other food & beverage restaurant such as Genghis Khan. This unit certainly enjoys high volume of motor vehicle daily traffic. The strategic location is proximity to a vast range of community amenities and its connectivity to neighbouring commercial and residential catchment. Only less than 5 minutes drive to/from Botany Town Centre as well as other large format retailers including but not limited to Countdown, Kmart, Pak'nSave, The Warehouse in the area.

Tenancy Details
The current tenant - ā€œHeadin' Home Bar and Grillā€ not only offers food and beverages but also provide TAB racing & sports betting and gaming machines on site, providing a good holding income of approximately $174,240.00pa Further details are available upon request.

Asking Price NZ$2,280,000 + GSTĀ (if any)
Quinn Ngo

Quinn Ngo

Commercial, Retail and Investment Sales and Leasing

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

Geoff Wyatt

Retail and Office Sales and Leasing

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Karen Yung

Karen Yung

Commercial, Retail and Investment Sales and Leasing

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

Features

Exposure


Unbeatable street exposure on bustling Ti Rakau Drive

Zoning


Light Industry Zone

Parking


Ample of common parking

Amenities


Only less than 5 minutes drive to/from Botany Town Centre as well as other large format retailers including but not limited to Countdown, Kmart, Pakā€™nSave, The Warehouse