NAI Harcourts is proud to present 16 Porowini Avenue to the market! Your chance to secure a prime freehold investment on prestigious Porowini Ave. Investment security is solid with the longstanding anchor tenant Awhi Childcare trading here for over a decade.
16 Porowini Ave offers an established investment income of $229,002+gst and an average lease term of 5.25 years from 4 tenants including Awhi Childcare, Activ8 gym, Devine Café & Restaurant and Sakura Samurai gym.
Since 2021, major works have been completed on roof & gutter replacements, cladding replacements, new aluminium joinery and drainage improvements. The first floor has received a total upgrade of the male and female ablutions to a high standard. Providing a new owner with an investment where the money has been spent in all the right places. In addition to that, upgrading the dated façade and signage offer an instant value-add opportunity for a new owner.
The direct surroundings of 16 Porowini Ave is the location of choice for BDO, CityFitness, KiwiBank, Auckland Radiology, MetroGlass, Mitre10 Mega, Ford, Toyota and many other national and international brands. An area bustling with business and growth!
Enquire today to secure this prime exposure property!
