Sold Property

21 Ostend Road, Ostend, Auckland 1081

  • 860
  • 271 m2

$835,000

Waiheke Freehold Retail Tenanted Investment

- This property is now under contract -

It doesn't get much better than this - a freehold investment loaded with potential!

Located on beautiful, BOOMING Waiheke Island and leased for many years this local convenience store is now for sale. Perfectly positioned on a corner site with three street frontages on one of Waiheke's main arterial routes. This tenanted investment makes for the ideal passive income pending future development.

Phone now to discuss your options!

KEY DETAILS
- Freehold Land Area: 860 m² (approx.)
- Annual Rent: $33,940 + GST
- All outgoings are paid by tenant
- Final Lease Expiry: 20 Aug 2022 (subject to renewal by the tenant)
- Zoning: Commercial 3 ( Local Shops)

Please visit http://www.propertyfiles.co.nz/property/NSC9533 to download further documents Property ID: #NSC9533

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Sold Date

  • 08 November, 2016

Property features

  • Property Type: Retail
  • Property Features: Zone: Commercial 3 ( local shops )
  • Property Details: Tenanted Investment
  • Zone: Commercial 3 ( local shops )
  • Tenure: Fee Simple
  • More Details URL: http://www.propertyfiles.co.nz/property/NSC9533
  • Tenancy 1: Commencement Date: 01 September 2004, Expiry Date: 20 August 2022, Rental net/gross p.a.: 33940, Review Dates: 28/02/2017, 28/02/2019, 28/02/2021, Rights of Renewal: 21/08/2016, 21/08/2018, 21/08/2020, Tenant Name: Ostend Price Cutter, Term (years): 2
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Office

harcourts North Shore

Licensed under REAA 2008

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Est. bond $1920
  • 860
  • 271 m2

Sold Property

21 Ostend Road, Ostend, Auckland 1081

$835,000

Waiheke Freehold Retail Tenanted Investment

- This property is now under contract -

It doesn't get much better than this - a freehold investment loaded with potential!

Located on beautiful, BOOMING Waiheke Island and leased for many years this local convenience store is now for sale. Perfectly positioned on a corner site with three street frontages on one of Waiheke's main arterial routes. This tenanted investment makes for the ideal passive income pending future development.

Phone now to discuss your options!

KEY DETAILS
- Freehold Land Area: 860 m² (approx.)
- Annual Rent: $33,940 + GST
- All outgoings are paid by tenant
- Final Lease Expiry: 20 Aug 2022 (subject to renewal by the tenant)
- Zoning: Commercial 3 ( Local Shops)

Please visit http://www.propertyfiles.co.nz/property/NSC9533 to download further documents Property ID: #NSC9533

Property Features

  • Property Type: Retail
  • Property Features: Zone: Commercial 3 ( local shops )
  • Property Details: Tenanted Investment
  • Zone: Commercial 3 ( local shops )
  • Tenure: Fee Simple
  • More Details URL: http://www.propertyfiles.co.nz/property/NSC9533
  • Tenancy 1: Commencement Date: 01 September 2004, Expiry Date: 20 August 2022, Rental net/gross p.a.: 33940, Review Dates: 28/02/2017, 28/02/2019, 28/02/2021, Rights of Renewal: 21/08/2016, 21/08/2018, 21/08/2020, Tenant Name: Ostend Price Cutter, Term (years): 2
Show More

Sold Date

  • 08 November, 2016
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harcourts North Shore

Office harcourts North Shore Licensed under REAA 2008

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