Rock Solid Investment !

Good passive investments are hard to come by. In case you
are look for one then please have a hard look at this one
because it has all the ingredients of an excellent
investment.

This one is a strategically located stand alone building on
the corner of Khyber Pass and Grafton Roads. The building
has huge exposure to passing traffic. The naming rights for
the building are still available and can be leased for
additional income.

The building is fully leased but may have room for an owner
occupier (440m2). There is a cafe on the ground floor
making it very attractive for tenants in the building.

The rents on Khyber Pass Rd are approximately 20% to 40%
cheaper than Newmarket and CBD for similar properties. The
rent correction is long overdue and can result substantial
capital gain.

Some of the salient features of this investment are:

LAND AREA - 1465 m2

TENURE- Freehold

TENANCY DETAILS - To be supplied on request

NET RENT - $495,460

NET LETTABLE AREA - 2207 m2

CAR PARKING - 63

CONSTRUCTION - CONCRETE WITH STEEL/G-IRON ROOF

SALES METHODOLOGY - SALE BY PRIVATE TREATY


The building has been recently refurbished. It is a must
jewel in your portfolio.

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