Offering exceptional affordability and strong fundamentals, this property presents the perfect opportunity for investors seeking a secure, entry level commercial investment or to add a bite-sized investment to your portfolioin one of Auckland’s most convenient business hubs.
A newly renewed six-year lease from 10 November 2024 through to 9 November 2030 provides long-term income security. The established tenant continues in occupation with a personal guarantee in place, strengthening the covenant and providing investment confidence.
Located on Paul Matthews Road, a key arterial within the Rosedale/Albany business precinct, the property benefits from excellent access, surrounding businesses, and sustained demand for small-format commercial spaces.
Features include:
- Net Rental $20K pa + GST (plus Outgoings/Opex paid by the Tenant)
- Deed of Renewal provides for a new 6 year lease commencing 10 November 2024
- Personal Guarantee
- Established commercial precinct with consistent occupancy and investor demand
- Ideal entry level commercial investment suitable for first-time buyers or small investment to add to existing portfolio
Bite-sized investments with long leases are rare, particularly with professional tenants and guaranteed income. This asset offers the perfect blend of affordability, stability, and location appeal, making it an excellent addition to any commercial property portfolio.
Contact the Sole Agent Janet Marshall, 021 684 775 for further information and/or to view.
For any commercial property leasing or sales enquiries within Auckland North Shore area, please contact property expert Janet Marshall, 021 684 775 or email janet.marshall@colliers.com.
Features:
- Net Rental $20K pa + GST (plus Outgoings/Opex paid by the Tenant)
- Deed of Renewal provides for a new 6 year lease commencing 10 November 2024
- Personal Guarantee
- Established commercial precinct with consistent occupancy and investor demand
- Ideal entry level commercial investment suitable for first-time buyers or small investment to add to existing portfolio
More information: https://www.colliers.co.nz/p-NZL67037705
