• High-profile 123.9sqm (approximately) ground-floor unit with secure car park
• Fully leased to a well-established tenant on a long-term lease
• Annual net return of $56,100 + GST with fixed annual increases
• Near CRL-connected Mt Eden Station, CBD, Broadway and motorways
• A hands-off, well-leased retail investment in a high-growth location
This well-appointed 123.9sqm (approximately) space has a strong street presence and a secure basement car park. Fully leased to ‘Alter Me’, a well-established bridal studio, on an eight-year initial term with over six years remaining. Returning $56,100pa + GST with fixed annual increases providing reliable income growth over the lease term.
Located on the ground floor of the award-winning SKHY development, designed by Cheshire Architects and developed by Lamont & Co (now part of NZX listed Precinct Properties). The property sits within the Uptown precinct, near the corner of Khyber Pass and Symonds Street, an area known for its vibrant mix of retail and hospitality. The location enjoys seamless access to the CBD, Newmarket, motorways and the nearby Mt Eden Station, a key hub of Auckland’s upcoming City Rail Link.
A rare and affordable opportunity to secure a high-quality, low-maintenance commercial investment in one of Auckland’s most vibrant city fringe precincts.
