Sold Property

396 - 400 Great North Road, Henderson, Auckland

$1,150,000

Main Road retail block of 4 shops with upside.

Offered for sale is a block of 4 retail shops, plus a utility building with consents to build 3 apartments on the top. Short leases for all 4 retail shops are currently in place, this gives a new owner opportunity to further develop the site at any time. Property ID: #HN3728

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Sold Date

  • 30 October, 2017

Property features

  • Property Type: Office, Retail
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy 1: Commencement Date: 01 March 2016, Expiry Date: 28 February 2022, Rental net/gross p.a.: 6500, Rights of Renewal: 1 x 4 years, Tenant Name: citywide tech, Term (years): 2 years
  • Tenancy 2: Rental net/gross p.a.: 10800, Tenant Name: Citywide Barber, Term (years): monthly
  • Tenancy 3: Rental net/gross p.a.: 31500, Tenant Name: Fast Alterations Limited
  • Tenancy 4: Rental net/gross p.a.: 14400, Tenant Name: Jesus Church, Term (years): monthly
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Office

NAI Blue Fern Commercial

Licensed under REAA 2008

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Est. bond $1920

Sold Property

396 - 400 Great North Road, Henderson, Auckland

$1,150,000

Main Road retail block of 4 shops with upside.

Offered for sale is a block of 4 retail shops, plus a utility building with consents to build 3 apartments on the top. Short leases for all 4 retail shops are currently in place, this gives a new owner opportunity to further develop the site at any time. Property ID: #HN3728

Property Features

  • Property Type: Office, Retail
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy 1: Commencement Date: 01 March 2016, Expiry Date: 28 February 2022, Rental net/gross p.a.: 6500, Rights of Renewal: 1 x 4 years, Tenant Name: citywide tech, Term (years): 2 years
  • Tenancy 2: Rental net/gross p.a.: 10800, Tenant Name: Citywide Barber, Term (years): monthly
  • Tenancy 3: Rental net/gross p.a.: 31500, Tenant Name: Fast Alterations Limited
  • Tenancy 4: Rental net/gross p.a.: 14400, Tenant Name: Jesus Church, Term (years): monthly
Show More

Sold Date

  • 30 October, 2017
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NAI Blue Fern Commercial

Office NAI Blue Fern Commercial Licensed under REAA 2008

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