An excellent opportunity to own a well-presented, entry-level commercial investment in the heart of Silverdale's established retail and commercial precinct. This modern, low-maintenance unit offers investors a passive income stream in one of Auckland's fastest-growing commercial hubs.
The property is leased to an established medical service provider on a five-year lease commencing in 2024, with a further right of renewal and a CPI rent review at renewal. A six-month rental bank guarantee provides additional security, making this an attractive investment for buyers seeking reliable, long-term income.
Comprising approximately 44 sq m, the property includes one exclusive car park on its own title, together with ample shared customer parking throughout the complex.
Situated within the well-established Milner Complex, the property is surrounded by a complementary mix of professional services, retail, hospitality, and healthcare businesses. The complex enjoys a strategic location alongside major national retailers including Briscoes and Farmers, with the Silverdale Retail Centre just moments away. Nearby amenities include KFC, Pizza Hut, Domino's, Tank Juice, a medical centre, childcare facilities, and the popular Northern Arena aquatic and fitness complex.
Silverdale continues to experience significant residential and commercial growth, underpinned by ongoing infrastructure investment and strong population growth, providing excellent long-term fundamentals for commercial property investment.
Whether you are looking to diversify your portfolio or secure an affordable entry into the commercial property market, this tenanted investment presents an outstanding opportunity to acquire a quality asset in a tightly held location.
New Zealand Sotheby's International Realty is privileged to be appointed sole agent. For further information or to arrange a viewing, please contact Mustan Bagasra.
