• 104sqm (approximately) ground floor retail unit, returning $47,740pa + GST and outgoings
• Renewed five-year lease to a well-established business
• Annual rental reviews with two (2) further five-year rights of renewal
• Walking distance to CBD, universities, and numerous inner-city apartments
• Affordable entry-level or bottom-drawer investment opportunity

A well-located ground-floor investment will appeal to passive investors seeking a secure and long-term asset. It is leased for five years to a well-established tenant, providing investors with the benefit of a stable, long-term income stream.

Renovated to a high standard, the property features a modern yet character-filled design, ensuring both aesthetic appeal and functional efficiency.
The interior presents well with high stud, elegant timber flooring, and a spacious open-plan layout. A wide frontage onto Anzac Avenue ensures excellent street presence and visibility with easy access.

Strategically positioned along a major bus route, the property offers seamless connectivity to the CBD, and nearby universities and is conveniently located close to motorways and public transport.

This combination of prime location, high-quality renovations, and a strong tenancy agreement makes this property an attractive, entry-level investment for those astute buyers seeking a hands-off, bottom-drawer asset with long-term growth potential, in the CBD.

Jill Downie
021 448 777
jill.downie@bayleys.co.nz