47-55 Jervois Road, Herne Bay, Auckland

The ultimate hands-off Herne Bay investment propertyFully leased to established tenant, returning $165,916.55pa + GSTTightly held location in Auckland’s highest value residential suburbAffordable trophy investment They don’t come more passive than this, especially in this tightly held and sought-after location. Already well established and proven in this location, the tenant has just been renewed for a brand-new five (5)-year term. The property sits proudly on Jervois Road, the main thoroughfare linking Auckland’s most prestigious residentialsuburbs to Auckland CBD.Returning $165,916.55pa + GST with guaranteed fixed growth throughout the lease, this property is truly a set and forget investment that will provide steady and growing returns for years to come. A rare opportunity to purchase an affordable asset in a multi-million dollar location. Call now for further information.Due to a change in the vendor's circumstances, this property forms one of four portfolio properties to be sold individually, together or in any combination offered for sale by tender (unless sold prior).