Bite-sized CBD retail investment, with rental upside from the one vacant car park

Occupied by the same superette operator since 2002, total net $44,133pa + GST

Positioned in the award-winning Viaduct Point Apartment complex of 81 units
Situated in the Viaduct Point apartment complex this retail shop of 110sqm has been utilised as a superette since 2002, with the current operator trading since 2003. This well-established tenant pays all outgoings, including leasehold ground rent payments.
Located in Auckland's central city waterfront precinct, the luxury Viaduct Point is considered one of Auckland's premium apartment buildings. This award-winning 5 level (plus basement) complex was completed circa 2002 and comprises 81 units; 78 upmarket apartments and 3 commercial units.
This bite-sized CBD retail property represents a quality bottom-draw investment.