33G Florence Ave

Offer details Invest now

33G Florence Ave

Offer details Invest now
carpark
  • 3
bedroom
  • 3
bathroom
  • 2
Land area
  • 500m²
Floor area
  • 130m²
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 8,972 / 9,472 blocks remaining                                                                               $50,000 / $947,200 raised

 8,972 / 9,472 blocks left

%*

Estimated Net Rental Yield

$46,560

Annual Rental Distribution

$947.2K

Listing Price
    Orewa, Auckland

 33G Florence Ave

          Offer details          
Boasting a long-term lease, great street exposure, recent renovations and an extensive chattels list; this 130m² freehold unit is worth serious investors attention. We are excited to be making this exclusive commercial investment opportunity available.

Key features for an astute investor include:
- National tenant with a long term lease
- Stratum in freehold title
- 130m² of recently renovated space
- Great exposure in a busy street
- Extensive chattels list

Orewa is the beach town that services Millwater, Milldale and the surrounding suburbs on the Hibiscus Coast. It is the go to for local dining, retail and services. Both suburbs still being completed are expected to bring in over 20,000 new residents to the area by the end of the 2020s, while other surrounding suburbs are rapidly growing too.

Right now is a fantastic time to be investing in this area.

Investment Case

Step 1: Invest – Crowdfunding Campaign Initially, investment properties are made available for crowdfunding. Each share always starts at $100.

Step 2: Earn – Net Rental Distributions Get paid your share of Net Rental Distributions, as an Annual Dividend, directly to your bank account.

Step 3: Cash Out – Resale Collect your share of proceeds at auction. Upon 3 years from the Crowdfunding Campaign, we intend to facilitate a real-life auction where each Shareholder will receive a proportional share of any sale proceeds in relation to each shareholding, plus return of capital, depending on what the property sells for at auction.

This is a rare opportunity to own a ground floor retail unit in bustling Orewa, just 350m from the Beach. 33G Florence Ave has offered the current owner fantastic returns over the past 9 years with the long term tenant providing a net return of $46,560pa.

More details below:
 Chattels List
 Pre-contract Disclosure
 Original Lease
 Lease Renewal & Extension
Investment Case

This is a rare opportunity to own a ground floor retail unit in bustling Orewa, just 350m from the Beach. 33G Florence Ave has offered the current owner fantastic returns over the past 9 years with the long term tenant providing a net return of $46,560 p.a.

Chattels List
Pre-contract Disclosure
Original Lease
Lease Renewal & Extension

Ready to invest?

You can invest in 33G Florence Ave from just $100.
Invest now →

Ready to invest?

Invest in 33G Florence Ave from just $100.
Invest now →

Invest in real estate from just $100.

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