Colliers, as exclusive agents, presents a unique retail / drive-through opportunity in the heart of the Somerville retail precinct.
This well-positioned property features rare full drive-through capabilities, offering significant upside for future occupiers or investors.
Currently leased to the established operator Momo Tea, the property returns $104,795.52 p.a. + GST & OPEX. With an upcoming final expiry, the lease provides secure holding income alongside the future option for an owner-occupier or an investor to reset the tenancy in a tightly held East Auckland market.
Positioned on a high exposure arterial, and in an established complex which features 50+ shared carparks.
Contact Colliers:
Ryan Gibb
+64 21 826 421
[email protected]
Will Bason
+64 21 083 79312
[email protected]
Features:
* Investment or Owner-Occupier opportunity with holding income
* Full Drive-Through capabilities
* Returning $104,795.52 p.a. + GST & OPEX holding income
* Large accessory unit holding
* Business – Local Centre Zoning
