• 313sqm (approximately) freehold retail/showroom unit split into two tenancies
• Superbly presented including beautiful window joinery and over 4m stud height
• High-profile corner position located a short walk from Ponsonby Road
• Enjoys a net rental income of $194,040pa + GST from two tenancies
• Stunning fully leased investment, sit back and enjoy the rental income
The Greenhouse sits on the edge of Ponsonby one of Auckland’s most vibrant and sought-after neighbourhoods. Comprising an eight-level apartment development, including 91 apartments together with a substantial, high-quality, two-level penthouse apartment. Unit G09, 20 Williamson Avenue consists of a sizeable 313sqm ground level Retail and Showroom unit split into two separate tenancies.
The Greenhouse is beautifully presented to a high quality and includes the use of a resident’s lounge. In a high-profile corner position at the intersection of Williamson Avenue and Pollen Street, the property also sits opposite Woolworths Supermarket and is a short, circa 150 metre walk to Ponsonby Road.
The corner tenancy is home to Juno Eatery, a very popular all-day eatery. Enjoying a net rental of $84,000 + GST pa on a 6-year lease term and fixed 3% annual rent reviews.
The balance comprises a stunning showroom/office with a net rental income of $103,800 + GST pa.
This stunning investment opportunity should not be missed. Contact the agents today to arrange a viewing.
