Commercial

Auckland Portfolio Divestment

47-55 Jervois Road, Herne Bay

Retail Property
dollar

Tender

Floor area
531m²
Title type
Unit Title

Tender

Thursday
4:00pm
22
Oct

Map

Property description

Listing # 1507510|Listed on 18 September
  • The ultimate hands-off Herne Bay investment property
  • Fully leased to established tenant, returning $165,916.55pa + GST
  • Tightly held location in Auckland’s highest value residential suburb
  • Affordable trophy investment

They don’t come more passive than this, especially in this tightly held and sought-after location. Already well established and proven in this location, the tenant has just been renewed for a brand-new five (5)-year term. The property sits proudly on Jervois Road, the main thoroughfare linking Auckland’s most prestigious residential
suburbs to Auckland CBD.

Returning $165,916.55pa + GST with guaranteed fixed growth throughout the lease, this property is truly a set and forget investment that will provide steady and growing returns for years to come. A rare opportunity to purchase an affordable asset in a multi-million dollar location. Call now for further information.

Due to a change in the vendor's circumstances, this property forms one of four portfolio properties to be sold individually, together or in any combination offered for sale by tender (unless sold prior).

Your notesYour notes
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Damien Bullick

Commercial Leasing Agent | Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
16 active listings
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Alan Haydock

Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
15 active listings

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