6.8 / 10
 Auckland

For Sale: 3,500 sqm commercial land and building in Auckland with 70% rental occupancy.

Key Business Facts
Yearly Sales USD 360 thousand
EBIDTA Margin 40 %
Industries Rented Commercial Properties
Locations  Auckland
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.
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.
Assets Overview
Assets include land and building with long-term tenants.
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
Interested to connect with advisors

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