Here is a great opportunity to own a tenanted investment property in the desirable beach town suburb of Browns Bay in the North Shore of Auckland. Have a look at its salient features.

• 126m2 modern unit in the Pines Apartment complex
• Long term 7-year lease with annual CPI rent increases.
• Returning a net yield close to $40,000 pa + GST + OPEX
• Leased to an established health & wellness clinic since 2019
• Well located on arterial road connecting Beach and Clyde Roads
• Amidst a catchment of residential and commercial neighbourhood

This road facing corner unit has wide frontage which opens to a spacious reception area and leads to multiple consultation rooms. Kitchen and amenities at the rear. There is a separate side entry from the lobby entrance which leads to the carpark.

The North Shore, especially the Bays, are seeing continuing growth in housing which creates a demand for commercial premises. There is a marked preference for professionals seeking new and modern premises for their customers.

Telos Group Commercial are appointed as sole agents for this exciting property for sale. Please contact Mustan for more details and viewing arrangements.