501/8 Mount Street
Auckland Central, Auckland City
SOLD
5
2

Auction Brought Forward!

The Unicentre represents an outstanding opportunity for the investor looking to purchase an investment similar to a small commercial property with a core tenant (AUT) who provide a 21 years guaranteed net rental until 2025 with a right of renewal of renewal for a further 9 years until 2034.

Unit 501 is a 5 Bedroom 2 Bathroom Internal 94sqm (more or less) corner unit. Current rent from AUT is $42,962 + GST per year. All operational costs are met by the AUT, which include any Body Corp fees, Insurance, Land rates, maintenance, marketing for students, advertising etc.

*There is a 5% Property Management fee and $1,108.14 long term maintenance fee per year to the investor

All purchasers must be registered for GST. We recommend that all interested parties seek independent professional advice.

Please contact Howard Sidnam 021 973 389 or George Erdos 021 959 331 for further details or arrange a private viewing.

Auction brought forward to 12:00 pm on 20th Oct 2022 in rooms 272 Parnell Road, Parnell

Open Homes

Property Features

Property ID: PNL32274
Bedrooms: 5
Bathrooms: 2
Building: 94m2
Listed By:JQ Real Estate Limited Licensed (REAA 2008)
Share:
Howard Sidnam, Licensee Salesperson at Ray White Parnell