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Herne Bay Fully Leased Investment

2A Jervois Road, Ponsonby

Retail Property
dollar

$990,000 Plus GST (if any)

Floor area
107m2
Title type
Freehold
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Property details

Listing # 1780167 | Listed on 16 February
  • Fully leased investment - Modern 107sqm (approximately) freehold, ground floor retail unit.
  • New seven-year lease which enjoys an annual rental of $58,349.50 + GST pa net.
  • Fixed annual rent reviews of 3% per annum
  • Exceptional location just off the corner of Ponsonby Road and Jervois Road offering high profile, and excellent amenity in Ponsonby’s Three Lamps
  • Sit back and enjoy the rental income – passive investors must inspect.

2A Jervois Road, Herne Bay offers a modern well-appointed retail investment in a high-profile position. This sought-after location is just off the corner of Jervois Road and Ponsonby Road. The subject property is leased to Think Again Auckland PTY Limited and enjoys a rental income of $58,349.50 + GST pa net. There is further upside with fixed annual rent reviews of 3%. Investors looking for a sought-after location with a mix of functionality and aesthetic appeal, 2A Jervois Road, Herne Bay presents a compelling opportunity.

For Sale with Asking Price: $990,000 + GST (if any)

Kate Kirby

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