Friday, January 25, 2008

If You Like Retail Investment Then Look No Futher

I live on the Te Atatu Peninsula, Auckland and it has under gone an amazing
transformation in the last couple of years. The new residential
developments and the easy access to the city has pushed the
prices in this once sleepy pocket. The interesting part is that
there is very limited commercial land on the peninsula to cater
for the growing demands of the increase in population caused due to
residential expansion. As a result there is huge demand for
retail space and nothing is available.

The retail strip that has come up for sale is a part of new
residential development that has just been completed. It is on
the prominent corner of Te Atatu Rd and Gunners drive directly
opposite the Woolworth. There is no better location from the point
of exposure than this development. Total area of the shops is 551 m2.
The tenant mix has been selected by the developer with great thought
and the leases are 6 to 10 years. The prominent tenants are Harcourts,
Jenny Craig, Eye Zone, United Travel & Chil Body and Hair.

If you like retail investments then this has all the right
ingredients.

The property is being sold by private treaty. Please register
your interest at the earliest.

COLIN KUMAR
Commercial/Industrial
Barfoot & Thompson Commercial
m. 027 684 1114 | p. 09 358 0989 | f. 09 358 4048
PO Box 1798 . Shortland Street . Auckland City
c.kumar@barfoot.co.nz | www.barfoot.co.nz

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