



Prime Retail Investment Opportunity - Fully Leased Income-Producing Asset. Offered at $2,500,000, this exceptional retail center presents a rare opportunity to acquire a stabilized, income-producing property in a highly desirable area! The property is strategically located on a busy, high-traffic street with excellent visibility, strong demographics, and convenient access, making it an attractive destination for both tenants and customers. The center is currently occupied by two established tenants, providing immediate and reliable rental income for investors. Situated in a thriving area surrounded by residential neighborhoods, retail, dining, and other commercial developments, the property benefits from consistent traffic and strong consumer activity. Key highlights include: * Fully leased with two rent-paying tenants * Strong cash flow and investment stability * High-visibility location on a major thoroughfare * Excellent traffic counts and exposure * Desirable trade area with strong surrounding demographics * Ample parking and easy customer access * Long-term upside in a growing market Whether you are seeking a passive income investment, a 1031 exchange opportunity, or a valuable addition to your commercial real estate portfolio, this well-positioned retail center offers both immediate returns and long-term potential.
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $39454 | NZD $70,070* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to RE/MAX 1st Service
Property ID: 110109166971
Original Property ID: 3yd-MREDIL-12693415