1/3029 Great North Road, New Lynn Top performing investment opposite LynnMall
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- Information for Buyers - Unit 1 3029 Great North Road.zip
Property Description
Key features:•Leased within one (1) week of becoming vacant
•Freehold ground floor unit of 355sqm (approximately)
•Returning net $115,000pa plus GST with brand new four (4) year term
•Well-established Filipino supermarket tenant
•Abundant allocated car parks onsite
•IEP of 100%
•Popular and high-growth location opposite LynnMall Shopping Centre
•Established corner with neighbouring tenancies- KFC, Krispy Kreme
This modern 355sqm (approximately) freehold unit with an NBS of A Grade, returning net $115,000pa + GST with a brand-new four (4) year term plus rights of renewal, offers a prime investment in a sought-after, high-growth location directly across from LynnMall Shopping Centre.
The unit is situated in a contemporary building with abundant allocated car parks, ensuring ample parking for both customers and staff. The property is leased within one (1) week of becoming vacant to a well-established Filipino supermarket chain on a brand new Four (4) year term with rights of renewal, returning net $115,000pa plus GST. This unit was leased within one week of becoming vacant. The established corner location is surrounded by well-known neighboring tenants, including KFC and Krispy Kreme, providing excellent visibility and foot traffic.
The property is perfectly positioned, with easy access to local amenities, including LynnMall Shopping Centre, train station, and major motorways. This is an excellent retail investment at a high-growth location. Call now to discuss!
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Contact Tony Chaudhary
Bayleys Real Estate Limited, Manukau
Licensed under the REA Act 2008
021995121 tony.chaudhary@bayleys.co.nz All Listings
Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.
Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.
Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.
Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.
Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.