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Stable investment with growth potential

11/15 Karepiro Drive, Stanmore Bay

Retail Property
dollar

Negotiation

Floor area
275m2
Title type
Unit Title
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Property details

Listing # 1271092 | Listed on 4 November 2024
  • Dual tenancies returning $75,600pa + GST and outgoings
  • Prime exposure to a main road in a busy suburban complex
  • Versatile 275sqm + 40sqm (more or less) outdoor courtyard

This split-risk investment presents an exceptional opportunity for investors, with two tenancies currently returning $75,600pa + GST and outgoings.

The property is situated in a high-profile location within a busy complex, offering strong exposure to a main road, ensuring consistent visibility for tenants and a stable rental income stream for investors. Located in Auckland’s thriving Hibiscus Coast, one of the region’s largest suburbs, the property spans approximately 275sqm (more or less), with an additional 40sqm (more or less) outdoor courtyard, providing flexible space for tenants to utilise.

The complex is supported by ample customer parking and easy access, contributing to the long-term appeal for existing and future tenants. With its strategic location and robust tenancies, this is an ideal acquisition for investors looking to secure a solid, long-term income in a rapidly growing and desirable suburban area.

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