180 Moore Street, Howick, Manukau

Essential split risk investment

DEADLINE BROUGHT FORWARD TO 3PM FRIDAY 9TH MAY 2021

• Busy high profile corner site surrounded by well established and entrenched tenancies
• Fully leased freehold investment
• National brand tenant, GAS service station a draw card to the premises
• Returning a combined income of $119,900pa plus GST and outgoings

With a commanding presence at the intersection of Moore and Rodney Streets, 180 Moore Street encompasses five tenancies on a 1,040sqm (more or less) fee simple site and benefits from its close proximity to Howick Village.

With tenants such as GAS Service Station, Khaos Cafe, mechanics workshop and Ali Frame Windows who occupy two tenancies, the property attracts plenty of customer traffic due to it's complementary tenancy mix. Investors can take comfort in the long lease terms to established tenancies that return a combined income of $119,900pa plus GST and outgoings.

With very little vacancy in the area, the property and surrounding commercial properties are well positioned to service the established residential catchment. Investors should not overlook this split risk, passive investment in a sought after East Auckland location.

*boundary lines are indicative only

For further information or assistance, contact the SOLE Agents today

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

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

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz