Rare Opportunity, Secure a Prime Retail Location!
An exceptional chance to take over the lease of a well-established supermarket site located on one of East Auckland busiest arterial roads. Operating successfully since 2006, the premises have long served as a thriving Asian supermarket, attracting a strong and loyal customer base.
Strategically positioned at the corner of Ti Rakau Drive and Torrens Road, the property enjoys excellent exposure, high traffic flow, and ample customer parking. With approximately 450sqm of retail floor area, a quality fit out, and a secure long term lease, this is a turnkey retail location ideal for supermarket operators, specialty grocers, or other large-format retailers seeking a ready to trade site in a high growth area.
Key Highlights:
1. Retail Area: Approx. 450sqm of quality retail space
2. Prime Corner Location: Ti Rakau Drive and Torrens Road, high visibility and accessibility
3.Established Trade Area: Surrounded by dense residential catchments and complementary retail
4. Onsite Parking: Ample car parks for customers
5. Fit-Out for sale: Includes refrigeration units, shelving, counters, CCTV, and POS infrastructure
6. Strong History of Use: Operating as a supermarket since 2006
7. Smooth Transition: Ready for immediate occupation
Lease Details:
Current Lease Expiry: 2029
Right of Renewal: One (1) further term of six (6) years
Final Expiry: Year 2035, offering long-term tenure and stability
Current Rental: $203,302.20 + GST pa
Current Outgoings: $30,014.76 + GST pa.
Subject to landlord consent
Location Overview
East Auckland Ti Rakau Drive serves as one of the region major commercial corridors, linking large suburban populations to key business and shopping districts. This high exposure corner site benefits from constant passing traffic, easy access from surrounding suburbs, and close proximity to schools, public transport, and other amenities, making it an ideal retail destination.
