1112 Great North Road, Pt Chevalier, Auckland

Motivated vendor - liquor investment

• Motivated vendor demands sale!
• Established tenanted investment with long term lease in place
• Leased to The Liquor Store occupying a ten year lease from April 2021
• Returning approximately $99,000pa plus GST and outgoings
• Close proximity to State Highway 16, key public transport networks and strategically positioned amongst well known national and international tenants
• Offered to the market is a 140sqm (more or less) tenanted investment situated in a fundamental commercial complex in Pt Chevalier that houses the likes of Burger Fuel, Bakers Delight, Shosha, Local Butcher and more.

The Liquor Store occupies two separate units being a road front retail and a warehouse unit (both units to be sold separately). The liquor retail is currently returning $99,000pa (approx.) plus GST and outgoings and has been operating as a liquor shop for over ten years. The tenant also occupies a 154sqm (more or less) warehouse positioned on the righthand side of the complex returning $40,000pa (approx.) plus GST and outgoings, both units have a ten year lease in place from April 2021 and are to be sold individually.

This property presents a perfect opportunity for investors and astute investors wanting to further diversify their portfolio.

For a virtual tour of 1112 Great North Road please refer here: https://my.matterport.com/show/?m=LQMMeN6hmZD

For further information, contact the SOLE agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Jordan Brown
021 144 9825
jordan.brown@bayleys.co.nz