Small "retail trophy investments" in Albany, Auckland

I have two small "retail trophy investments" in Albany area
that may be of interest to you if you are looking to spread
your risk.

A) Unit C, 40 Arrenway Dr, Albany

This retail property is situated in the heart of Albany
Business Center. Returning $38,000pa + GST + Outgoings
makes this property an attractive proposition. There is an
initial lease of 6 years commencing 01/10/2009 with 2X4
years ROR to a Japanese Restaurant. It is well
established and on an outstanding corner site.

KEY FEATURES:

• Excellent street frontage

• Shop is well serviced

• High quality retail with excellent fitout

B) Shop 6, 4 Arrenway Dr

This 85m² retail unit has been well tenanted within a
three level retail/recreational development located on
Arrenway Drive within the Albany Heights Business Park. The
shop is leased to a Home Interior tenant for an
initial term of 3 years with one ROR of 3 years commencing
20/09/2008. The net rent from the property is $30,000.

Neighboring units are, Sauna shop, Golf Driving Range,
Butcher shop and Asian restaurant.

KEY FEATURES

• 85m² high quality retail shop

• Shop is well serviced

• International traders nearby

• Easily accessible locality and Albany Business Park

• NZ Post nearby

Both the properties are being sold through Private Treaty.
Please register your interest through a return email and I
will send you additional information.

Best regards,
Mr Colin Kumar
c.kumar@barfoot.co.nz
WE LOVE SELLING AUCKLAND

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