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Three Lamps retail: new five-year lease

340 Ponsonby Road, Ponsonby

Retail Property
dollar

Negotiation

Floor area
87m2
Title type
Unit Title
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Property details

Listing # 1695046 | Listed on 3 November 2022
  • Rare Ponsonby investment opportunity returning $69,186pa + GST
  • Brand new five-year lease from September 2022 with guaranteed fixed rental growth
  • Excellent location situated in the heart of Three Lamps, Ponsonby

Grab a slice of Ponsonby with this rare opportunity to acquire a passive investment offered to the market. Tenanted by Three Lamps Minimart, an established operator, on a five-year lease from September 2022, this freehold retail unit of approximately 87sqm (approximately) is underpinned with guaranteed rental growth and an additional rental bond.
The property benefits from its excellent location, positioned in the heart of bustling Three Lamps Village. Comprising a range of retail, hospitality, office and surrounding residential, the Three Lamps district is typically characterised as a strategic and tightly-held location with a strong customer base, low vacancy rates, and great accessibility to Auckland CBD and adjacent suburbs of Ponsonby.
Secure your next investment, this one ticks the boxes.

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