38-42 Clyde Road, Browns Bay, North Shore City

NAI Harcourts are proud to bring to market this generational investment opportunity prominently positioned in the vibrant heart of Browns Bay. Extensively refurbished in 2014; this property comprises of 8 tenancies including national brands ASB Bank and Coffee Club. 38-42 Clyde Road has an excellent investment risk profile which is occupied by a range of business uses including hospitality, retail and professional services.

Located on the corner of Clyde Road and Inverness Road the property boasts of a land area of 1,487 sqm and approx 71m of prime retail frontage with tenancies ranging from 36sqm to 226 sqm. A total net lettable area of 1,092 sqm and 12 carparks which are accessed via Inverness Road. A loading bay at the rear of the property provides internal access to the tenancies.

With a healthy effective rental income of $424,816 + GST p.a. this opportunity is one you don't want to miss.

Investment Highlights:

- Freehold corner site

- Multi-tenanted Investment

- 71m (approx) of corner retail frontage

- 1,092 sqm of net lettable area (more or less)

- 1,487 sqm land area (more or less)

- 80% NBS rating

- 100% occupation

- Zoned Business Town Centre

For more detailed property information or to arrange a private viewing contact Isaac 027 702 0663 or Nick 021 070 9850.