• Freehold investment property returning $129,415pa + GST
• Fully leased to an established tenant on a 10-year lease
• High-profile position opposite LynnMall and New Lynn Transport Centre
• Modern building with favourable seismic rating and onsite parking
• Strengthen your portfolio with this bottom-drawer investment
A modern, hands-off investment opportunity that offers huge appeal. The property consists of a freehold unit (1 of 2 in development) occupying a high-profile position with generous onsite car parking.
Offering a strong 10-year lease term with over seven years remaining, the property is fully leased to well entrenched international tenant Anytime Fitness, with 60+ New Zealand locations and 5000+ sites globally. Returning $129,415pa + GST, the property benefits from built-in rental growth with fixed annual rental increases throughout the lease term.
This high-profile site is positioned in the heart of the New Lynn, directly opposite LynnMall Shopping Centre and New Lynn Transport Centre, offering both great visibility and profile as well as convenient access to public transport links.
Grab this one with both hands – call now for further information.
