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Howick, 10/115 Elliot Street

Entry Level Investment in Central Howick

Price by Negotiation

Listing Number: VP170824
About this listing
This is an affordable opportunity for all investors looking to secure a high profile retail unit in a sought after location in central Howick. Simple ground floor space or office with kitchen area and bathroom awaits one lucky new owner. The property is fully leased to an established tenant, Red Studio returning $26,000 + GST p.a.
Central Howick Location offers buyers a fantastic opportunity for investment. The property is adjacent to local shops and businesses. It is also a short stroll to Owairoa Primary School and Howick Domain with all its sports clubs and facilities. The vibrant Howick Village is close on hand, and you are a few minutes away to local beaches, offering lifestyle choices for everybody.

- Central Howick Location surrounded by the established businesses
- Fully leased returning $26,000 + GST p.a with with 2 + 2 years Right of Renewal
- OPEX: $1607.77 incl GST; Rates: $2927.04
- 2 secure car parks.
- Established Tenant: Red Studio
Property Information
  • Approx Floor Area: 120 sqm
  • Tenure: Unit Title
  • OPEX $: 1607.77
  • Parking: Carparks: 2
  • Property Type: Warehouse, Office, Retail, Tenanted Investment
  • Tenancy 1: Commencement Date: 2017-05-18T00:00:00.0000000, Expiry Date: 2019-05-18T00:00:00.0000000, Rental net/gross p.a.: 29900, Review Dates: 18/05/2019, Rights of Renewal: 2 + 2 year, Tenant Name: Red Studio / Kiri Whithford-Joynt, Term (years): 2

Contact Details

Howick

Preet & Co Real Estate Ltd

Licensed REAA 2008

18 Fencible Drive
Howick
Manukau
Office website

Property Location

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