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Top performing investment opposite LynnMall

1/3029 Great North Road, New Lynn

Retail Property
dollar

Negotiation

Floor area
355m2
Title type
Unit Title
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Property details

Listing # 1698489 | Listed on 17 April

•Leased within one (1) week of becoming vacant
•Freehold ground floor unit of 355sqm (approximately)
•Returning net $115,000pa plus GST with brand new four (4) year term
•Well-established Filipino supermarket tenant
•Abundant allocated car parks onsite
•IEP of 100%
•Popular and high-growth location opposite LynnMall Shopping Centre
•Established corner with neighbouring tenancies- KFC, Krispy Kreme


This modern 355sqm (approximately) freehold unit with an NBS of A Grade, returning net $115,000pa + GST with a brand-new four (4) year term plus rights of renewal, offers a prime investment in a sought-after, high-growth location directly across from LynnMall Shopping Centre.

The unit is situated in a contemporary building with abundant allocated car parks, ensuring ample parking for both customers and staff. The property is leased within one (1) week of becoming vacant to a well-established Filipino supermarket chain on a brand new Four (4) year term with rights of renewal, returning net $115,000pa plus GST. This unit was leased within one week of becoming vacant. The established corner location is surrounded by well-known neighboring tenants, including KFC and Krispy Kreme, providing excellent visibility and foot traffic.

The property is perfectly positioned, with easy access to local amenities, including LynnMall Shopping Centre, train station, and major motorways. This is an excellent retail investment at a high-growth location. Call now to discuss!

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