Harcourts Cooper & Co - Property Listing
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Silverdale Retail Investment with HUGE Upside!
1G Polarity Rise, Silverdale
SOLD - This listing was sold on 11th Dec 2018
Property Information

Upcoming market rent review will bring the proud new owners a great investment!

Impressive Café on prominent corner site with alfresco seating and elevated open views. This modern building is only 6 years old and is situated next to Silverdale Medical Centre, Northern Arena, Brand new early child care centre and residential apartments.

The café is in a small block of retail shops and offices, includes Pizza Hut, Liquor Spot, and food outlets.

A new ROR (Right of Renewal) for 3 years and market rent review apply from 1st February 2019. This will give a huge opportunity for an astute investor to quickly realize the massive upside in the lease. The plant and most equipment is owned by the vendor.

Currently rented at only $202m² + GST p.a which is approximately half the market rate for the 135m² shop.

Silverdale is a thriving town centre with all the major stores, with Briscoes/Rebel Sport coming soon with a massive new development.

Please phone the sole agents at NAI Harcourts for more details.

Listing: NSC28289
Contact Details
Commercial Sales & Leasing Consultant
Sales & Leasing Consultant
128 Hurstmere Road, Takapuna
Takapuna
Auckland
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