Positioned on the prominent corner of Park Road and Tahi Street, this well-located Miramar investment presents a strong opportunity for investors seeking diversified income in a tightly held city-fringe suburb.
The property is underpinned by three tenants, Green Door Dairy, One Sushi, and U.Mi Nail Spa & Massage. All on net leases, and retuning a combined net income of $106,086 + GST per annum you have a great spread of risk.
Set on a 438sqm site, the property benefits from strong exposure to both vehicle and pedestrian traffic, servicing a well-established residential catchment and local workforce. Miramar continues to see consistent demand from both occupiers and investors, underpinned by its proximity to Wellington Airport, thriving film industry,
and strong surrounding community.
This is a well-balanced investment offering income security, tenant diversity, and long-term upside in a proven suburban location.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/17to21parkroad
- Current net rental of $106,086pa + GST
- Land Area of 438sqm
- Three tenants all with net leases
- Situated on the corner of Park Road and Tahi Street
