Brand New Retail Investment - Excellent Return
Well located, high profile investment property with huge exposure to busy Ferry Road, being the main arterial route to the affluent hill and seaside suburbs.
This brand new 1,125m2* retail complex is comprised of 7 separate shops and 48 onsite car parks which is all underpinned by being on a large 3,143m2* site, zoned IG.
Over 89% of the building area is already leased long term (6 - 10 years) and the developer will consider guaranteeing the rental over the last remaining vacant space for 1 year.
Total estimated net rental when fully leased is $458,600pa providing a very healthy return of approx. 7%
For further information please contact Andrew Wilson on 027 778 8873
Price For Sale: Offers over By Negotiation + GST (if any)