Sold Property

10/175 Millwater Parkway, Millwater, Auckland

  • 173 m2

$1,764,000

Tenanted Investment Opportunity

FOR SALE:

This is an opportunity to secure a tenanted investment property in the thriving Millwater Parkway commercial and retail hub.

The current tenant, Millies Café is a very popular licensed café with a current term to 2025. With a rental return of $69,787 plus GST per annum. All outgoings paid by the tenant, this is an excellent passive investment!

Millwater is a hive of activity with shops eateries, service businesses, amenities, schools and Countdown supermarket. The Millwater residential area has grown exponentially in the last few years and continues to grow, with a mix of medium to high priced housing, with many apartments and terraced houses still being built which will continue to bring business to the area.

View times for this property;
Monday & Wednesday 1pm - 3pm. Contact us and we will confirm a time for us to meet within the viewing period.

Key Features:
- Tenanted investment by the popular Millies Café
- Rental return of $69,787 net p.a. plus GST
- All outgoings paid by tenant
- Close to all amenities
- Easy access to the motorway
- Public transport nearby
- A thriving community with plenty of growth potential

This property can be sold individually or as part of a 3 package portfolio which includes 633 & 635 Te Atatu Road, Te Atatu Peninsula and Unit 3/1-4 Rhone Ave Te Atatu Peninsula

For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today. Property ID: #NSC36236

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Sold Date

  • 13 May, 2021

Property features

  • Property Type: Retail
  • Retail Square Metres: 173
  • Property Features: Tenant is a well known licensed cafe with a lease to 2025 plus ROR
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
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Outgoings

  • OPEX $: 16455.64

Office

harcourts North Shore

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 173 m2

Sold Property

10/175 Millwater Parkway, Millwater, Auckland

$1,764,000

Tenanted Investment Opportunity

FOR SALE:

This is an opportunity to secure a tenanted investment property in the thriving Millwater Parkway commercial and retail hub.

The current tenant, Millies Café is a very popular licensed café with a current term to 2025. With a rental return of $69,787 plus GST per annum. All outgoings paid by the tenant, this is an excellent passive investment!

Millwater is a hive of activity with shops eateries, service businesses, amenities, schools and Countdown supermarket. The Millwater residential area has grown exponentially in the last few years and continues to grow, with a mix of medium to high priced housing, with many apartments and terraced houses still being built which will continue to bring business to the area.

View times for this property;
Monday & Wednesday 1pm - 3pm. Contact us and we will confirm a time for us to meet within the viewing period.

Key Features:
- Tenanted investment by the popular Millies Café
- Rental return of $69,787 net p.a. plus GST
- All outgoings paid by tenant
- Close to all amenities
- Easy access to the motorway
- Public transport nearby
- A thriving community with plenty of growth potential

This property can be sold individually or as part of a 3 package portfolio which includes 633 & 635 Te Atatu Road, Te Atatu Peninsula and Unit 3/1-4 Rhone Ave Te Atatu Peninsula

For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today. Property ID: #NSC36236

Property Features

  • Property Type: Retail
  • Retail Square Metres: 173
  • Property Features: Tenant is a well known licensed cafe with a lease to 2025 plus ROR
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
Show More

Outgoings

  • OPEX $: 16455.64

Sold Date

  • 13 May, 2021

Dave Lane harcourts North Shore

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harcourts North Shore

Office harcourts North Shore Licensed under REAA 2008

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