Sold
19 Mayfair Place,
Glen Innes, Auckland City
Price withheld
Property details
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Agents
Ray White Parnell: JQ Real Estate Limited Licensed (REAA 2008)
272 Parnell Road, Parnell Auckland City 1052
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Freehold Retail with Long Lease
Secure a freehold commercial investment in the heart of Glen Innes, offering immediate rental income and the security of a long-term tenancy.
Positioned within the established Mayfair Place retail precinct, this approximately 92sqm retail premises is leased to a well-established nail studio, with around 6 years remaining on the current lease, providing investors with a reliable income stream upon settlement.
The property also includes two exclusive-use car parks and is currently returning $700 per week. With an established tenant already in place, investors can enjoy the benefits of a set-and-forget investment while capitalising on the continued growth and regeneration of the Glen Innes area.
Surrounded by a mix of long-standing local businesses, everyday amenities, and a growing residential catchment, the location continues to attract strong local patronage and long-term demand.
The vendor's instructions are clear: this property is to be SOLD TODAY!
Property Highlights:
- Freehold retail investment
- Approximately 92sqm floor area
- Two exclusive-use car parks
- Established tenant with approximately six years remaining on the current lease (including 3 rights of renewals of 3 years each - enquire for the lease document).
- Returning $700 per week (Currently on a reduced rent of $500pw - Enquire for more details).
- Council Rates: around $4,337 per annum
For further information please get in touch.
Positioned within the established Mayfair Place retail precinct, this approximately 92sqm retail premises is leased to a well-established nail studio, with around 6 years remaining on the current lease, providing investors with a reliable income stream upon settlement.
The property also includes two exclusive-use car parks and is currently returning $700 per week. With an established tenant already in place, investors can enjoy the benefits of a set-and-forget investment while capitalising on the continued growth and regeneration of the Glen Innes area.
Surrounded by a mix of long-standing local businesses, everyday amenities, and a growing residential catchment, the location continues to attract strong local patronage and long-term demand.
The vendor's instructions are clear: this property is to be SOLD TODAY!
Property Highlights:
- Freehold retail investment
- Approximately 92sqm floor area
- Two exclusive-use car parks
- Established tenant with approximately six years remaining on the current lease (including 3 rights of renewals of 3 years each - enquire for the lease document).
- Returning $700 per week (Currently on a reduced rent of $500pw - Enquire for more details).
- Council Rates: around $4,337 per annum
For further information please get in touch.
Explore the area
School catchments
- Glen Innes School Full primary Years 1-8 State 0.52km
- TKKM o Puau Te Moananui-a-Kiwa Composite Years 1-15 State 0.70km
- St Pius X Catholic School (Glen Innes) Full primary Years 1-8 State integrated 0.82km
- Tamaki College Secondary Years 9-15 State 1.0km
- Pt England School Full primary Years 1-8 State 1.1km
- Ruapotaka School Full primary Years 1-8 State 1.1km
- Glen Taylor School Full primary Years 1-8 State 1.2km
- Glenbrae Primary School Full primary Years 1-8 State 1.4km
- Stonefields School Full primary Years 1-8 State 1.7km
- Sacred Heart College (Auckland) Secondary Years 7-15 State integrated 1.8km
- Tāmaki School Full primary Years 1-8 State 1.9km
- Glendowie College Secondary Years 9-15 State 2.1km
- St Thomas School (Auckland) Full primary Years 1-8 State 2.2km
- Auckland Montessori College Secondary Years 7-15 Private 2.2km
- Selwyn College Secondary Years 9-15 State 2.4km
- St Heliers School Full primary Years 1-8 State 2.4km
- Glendowie School Full primary Years 1-8 State 2.5km
- Atea College Composite Years 1-15 Private 2.5km
- St Patrick's School (Panmure) Full primary Years 1-8 State integrated 2.6km
- Panmure Bridge School Full primary Years 1-8 State 2.7km
- A1 Student School Composite Years 1-15 Private 3.0km
- Saint Kentigern College Secondary Years 7-15 Private 3.8km
- Michael Park School Composite Years 1-15 State integrated 3.9km
- Pakūranga College Secondary Years 9-15 State 4.6km
- One Tree Hill College Secondary Years 9-15 State 5.1km
- Edgewater College Secondary Years 9-15 State 5.2km
- Baradene College Secondary Years 7-15 State integrated 5.2km
- Macleans College Secondary Years 9-15 State 5.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Habeeb Urrahman
Contact Habeeb Urrahman
Habeeb Urrahman
19 Mayfair Place, Glen Innes 1072
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Habeeb Urrahman
19 Mayfair Place, Glen Innes 1072