• CBD split-risk freehold retail investment returning net $181,282pa + GST
• Two shops - tenanted by global brand The Coffee Club (since 2013) and Vapetory
• Combined floor area 267sqm (more or less) plus one car park
• Prominent High Street location, a high-exposure ground floor property situated in the Metropolis building
• Motivated vendor
Unit D, 42 High Street offers the incoming owner the benefit of 2 income streams in a high-profile location. Returning 181,282pa + GST from 2 tenants - The Coffee Club, an international brand with over 400+ cafes globally and who have tenanted the 227sqm premises since 2013, and Vapetory, who tenant the adjacent 40sqm premises and have four stores across Auckland.
Occupying a prized high-exposure position along High Street on the corner of the Metropolis building (which fronts 3 streets in Auckland CBD), the unit benefits from significant pedestrian traffic. Metropolis is one of Auckland's tallest residential buildings, totalling 40 storeys and comprising a mix of retail, apartments and a hotel.
Rarely do prominent retail investments on High Street come onto the market - enquire now for further information.
