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Strategically Located Investment

10 Winston Avenue, Papanui

Retail Property
dollar

POA

Floor area
179m2
Land area
607m2
Covered park
9
Other park
9
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Property details

Listing # CIC59722 | Listed on 8 February 2024

Our highly motivated owner has issued strict instructions that this property must be sold.
Leased to thriving hair salon, Sherbet, this property is centrally situated on Winston Ave and surrounded by many other busy businesses creating a bustling enclave of commercial activities.
The tenant also sublets to a complimenting coffee/lunch bar.
Situated adjacent to the intersection of Harewood, Papanui and Main North Roads, Winston Avenue is handy to all arterial routes and is central within the suburban hub of Papanui and within a block of Northlands Mall.

  • Commercial Core Zone
- Rental income - $66,000 + opex & gst

- Opex recoverable from the tenant (apart from management expenses)

  • 9 x onsite carparks
- Market reviews 2 yearly (next available 1 July 2026)

- Renewal options through to June 2028

To arrange an inspection, please contact Paul Middleditch 027 276 7047

To access the Property Documents, paste the following link into your browser, submit your details and wait for the email with the links to download.
https://www.propertyfiles.co.nz/property/L28581943

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