Rented Commercial Property for Sale in Auckland, New Zealand
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | USD 350 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 40 % |
Industries | Rented Commercial Properties |
Locations | Auckland |
Local Time | 8:13 AM Australia / Sydney |
Listed By | Business Owner / Director |
Status | Moderately Active |
Land and building with long term tenants.
Current rental yield is circa 8% with room to increase.
This is a commercial property with a medical centre, cafe and offices.
The property is 70% occupied.
The cafe and offices are empty at the moment.
Property generates good revenue through rent.
Property is located in Auckland and the owner is in Australia temporarily.
As we generate revenue from rent payments from tenants, we do not require any employees.
Commercial land with ground and 1st floor building.
Property has a medical center, cafe and offices that generate rental revenue.
Assets include land and building with long-term tenants.
- Own land of 3,500 sqm.
- Ground+1 floor with a good built up area.
- Property is in East Tamaki.
Property is in the name of the trust with husband and wife as trustees.
Mortgage is there on the property and this will be cleared before the sale.