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Suburban Shopping Centre Investment

188 Parklands Avenue, Bell Block

Retail Property
dollar

Negotiation

Floor area
8877m2
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Property details

Listing # 67031122 | Listed on 21 October 2024

The Parklands Shopping Centre is a strategically positioned, multi-tenanted investment held on a single title with a site area of 8,877sqm (approx.).

It includes 17 commercial tenants with a NLA of circa 2,666 square metres returning $405,908 plus GST, accommodating a great mix of tenants including a Supermarket, Pizza Hut, Café, Gym and Library. 

Situated in centre of Bell Block, a thriving residential suburb which has been through a rapid period of growth over the past ten years on the back of several successful large scale subdivisions. Bell Block has a limited stock of commercial space with demand outweighing supply.

For sale by negotiation.


For more information or to arrange an inspection contact:

Benet Carroll
021 028 94537

benet.carroll@colliers.com


Please note: all floor areas are approximated only.
 


Features:

  • Anchored by Supermarket
  • Total Net Annual Return: $405,908 plus GST
  • Strategic Residential Catchment
  • Site Area: 8,877 sqm (approx.)
  • 17 Commercial Tenancies


More information: https://www.colliers.co.nz/p-NZL67031122

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