QUALITY TENANT - QUALITY BUILDING

What a stellar investment here - Better than money in the bank!!
The property, consisting of 392 sq m (approx.) Stratum in Freehold (Unit Titled) building, leased to The Salvation Army, a highly regarded and well known community based tenant. The tenant, having already exercised their forthcoming right of renewal, has secured their tenancy until April 2025, with a further right of renewal expiring March 2028.
The building itself is well presented, with the current owner maintaining it to a high standard. The ground floor of approximately 322 sq m, consists of a combination of low stud retail with a flow through to high stud retail (council consent gained), high stud warehousing, with 40 sq m of well presented first floor offices and 30 sq m of mezzanine.
With the location in the heart of Glen Eden overlooking the town centre, the building is within easy walking distance to the train station and the main Glen Eden retail centre. This property certainly has a lot to offer.
12 allocated car parks are a huge asset, as car parking becomes a premium throughout the suburban areas of West Auckland.
Zoned - Business Light Industry, under the Auckland Unitary Plan.
This is an investment not to be overlooked!! Proudly marketed by sole agents Trudi Pirini and Glenda West, and is to be sold by public auction (unless sold prior) on Wednesday, 7 July 2021 at 1.00pm. Venue: Ray White Central West, 36 Te Atatu Road, Te Atatu South.