Key features:

• National tenant of STIHL Shop returning net $66,950 per annum plus GST
• High-profile site on busy arterial route
• Passive investors and future developers must investigate
• Close to Glen Eden train station and surrounded by huge residential catchment

A rare opportunity to acquire a well-located fee simple and affordable investment from a motivated and retiring vendor. Situated on one of Glen Eden's busiest arterial routes with Business - Town Centre zoning, this property is fully leased to an established national brand, Stihl Shop, returning net $66,950 per annum plus GST with a six-year term. The subject property is of regular shape, single-level and highly visible, comprises of retail to the front and a workshop area to the rear.

With close proximity to the Glen Eden train station, bus routes, supermarket, coffee shops and all other amenities, these are all within a comfortable walking distance.

Whether as a passive investment, pending development or long-term hold, this property ticks all the boxes!

Beterly Pan
+64 21 139 2228
beterly.pan@bayleys.co.nz

Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz