5/252 Oteha Valley Road, Albany Proven tenant secure income prime location
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Available PropertyFiles:
- /A. Record of Title/
- Oteha Valley Road 252 Unit 5 - 724355_Title.pdf
- /B. Lease Documents/
- Deed of Lease.pdf
- Deed of Renewal Variation of Lease.pdf
- /C. Body Corporate/
- Body Corp Files - 252 Oteha Valley Road.zip
- Pre-contract disclosure statement.pdf
- /D. Information Memorandum/
- Oteha Valley Road 252 Unit 5_Information Memorandum.pdf
- /E. LIM Report/
- Oteha Valley Road_LIM Report.pdf
- /F. Auckland Council Files/
- Oteha Valley Road 252 Unit 5_Auckland Council files.zip
Property Description
Unit 5, 252 Oteha Valley Road presents an outstanding opportunity to secure a proven retail investment in the heart of Albany’s premier commercial precinct.Leased to Zambrero, a popular national Mexican cuisine brand that has operated successfully from this location since the development was completed in 2016, the property delivers a strong and reliable income stream of $49,850 per annum + GST and outgoings, supported by fixed rental increases and secured six-month rental
bond. Strategically positioned within a high-traffic retail environment and surrounded by major national retailers, this low-maintenance asset benefits from excellent exposure, strong underlying fundamentals, and continued growth in the wider Albany precinct. An excellent opportunity for investors seeking long-term security, growth, and passive income in one of the North Shore’s most established retail hubs.
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By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Ranjan Unka
Bayleys Real Estate Limited
Licenced under the REAA 2008
+64 9 489 0988 +64 21 711 755 ranjan.unka@bayleys.co.nz All Listings
Ranjan has been a Commercial and Industrial salesperson since 2007. During this time he has negotiated a significant number of sales and leasing transactions on the North Shore.
With over 15 years of sales and marketing experience in both retail and wholesale he certainly knows what it takes to become a successful salesperson.
As Director and Manager of the investment team for the North Shore Commercial office, Ranjan prides himself in providing a high standard of service to his clients. Along with his easy going personality he also demonstrates strong people skills and work ethics. He has developed a depth of experience through the many transactions he has negotiated which is valued by his many clients. Ranjan’s focus is selling Commercial and Industrial Investment properties in the greater North Shore area.
