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Rented Commercial Property for Sale in Auckland, New Zealand

For Sale: 3,500 sqm commercial land and building in Auckland with 70% rental occupancy.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 8 million (Native Currency: AUD 12,000,000)
Reason: Looking to sell and focus on other things. Also open for a joint venture with the investor and will... View More
Includes physical assets worth USD 8 million
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Business Overview

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.

Products & Services Overview

Commercial land with ground and 1st floor building.

Property has a medical center, cafe and offices that generate rental revenue.

Assets Overview

Assets include land and building with long-term tenants.

Facilities Overview

- Own land of 3,500 sqm.

- Ground+1 floor with a good built up area.

- Property is in East Tamaki.

Capitalization Overview

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.

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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