Sole Agency
This excellent tenanted investment will be a great addition to your commercial portfolio. Split-risk with dual tenancies and located in a busy retail complex which services both local residents and neighbouring industrial businesses, it offers great exposure and has popular dual access due to its prime position on the corner of Rosedale Road and William Pickering Drive.
This split risk investment generates $54,578.57 net per annum. The long established Sushi Shop with a very successful trading history has been in the premises for nearly ten years and have recently extended their lease for another eight years with two rights of renewal of four years each. The first floor office is home to SBA Accounting - the North Shore branch of this successful accounting firm and has a 4 + 2 year lease in place plus built in rental growth.
Both these businesses have come through lockdown and are back up and running on all cylinders! Tenanted investments with quality, solid tenants in place are hard to find so call now to discuss how you can add this quality investment to your portfolio.
Please phone NAI Harcourts for more details.
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