A free hold strata commercial unit is being offered for sale in the Meadowbank suburban shopping Centre located between the Auckland suburbs of Remuera, Glendowie and Kohimarama.
The property, Unit G, at 35 St Johns Rd, on the corner with Gerard Way is being marketed by Sue de Jong of Barfoot & Thompson Commercial for sale by deadline private treaty closing at 4 pm on Thursday, April, 30 unless it sells earlier by negotiation.
De Jong says the 182 sq m unit is being offered with vacant possession and is strategically placed within the shopping centre with internal roller door access to the popular Food Court area along with external glass doors.
Neighbouring retail outlets within the Food Court include Curry Village, K&G Cafe, Midori Sushi and Urban Fuel.
"The original tenant when the mall was strata titled was a McDonalds' restaurant which gave the unit a high standard of fit out," she says. "Part of the title is the old drive through section of the McDonald's restaurant and so it has the two entrances, Then it was occupied a women's gym which saw shower and toilet facilities installed."
The unit benefits by leveraging foot traffic off a Countdown supermarket as the anchor tenant in the Meadowbank Shopping Centre from plentiful car parking which forms part of the centre, de Jong says.
"The premises have ceiling tiles, recessed fluorescent lighting, air-conditioning and fire sprinklers," she says. "There is a small kitchen area with tiled flooring and Formica sink bench and bathroom facilities which incorporate toilets and showers and a locker area.
"The main reception area adjacent to the Food Court has tiled flooring and there are two small offices. The floor has been carpeted in the main area with artificial lighting - again from recessed fluorescent tubes."
Construction of the irregular shaped unit is of concrete foundations with concrete and timber flooring along with steel walls with wooden framing and cement board cladding on the outside. The unit has plasterboard internal walls, with aluminium joinery and a Longrun steel roof.
"The shopping centre was redeveloped in 1997, based around an original Foodtown which was upgraded at the time, and is now the Countdown supermarket," says de Jong.
The property is situated on the southern side of St Johns Rd with good exposure to traffic at its intersection with Gerard Way and is close to the intersection with Meadowbank Rd.
"St Johns Road is the extension of Remuera Rd and links Newmarket and Remuera in the west with the eastern suburbs," says de Jong.
"The shopping centre services the surrounding residential area, which is of an above average standard, both in terms of the quality of the homes and their value levels," she says.
De Jong says the unit would be ideal for both an owner occupier and a commercial property investor or but the purchaser would need to have their particular business use, or that of a prospective tenant, approved by the shopping centre's body corporate.
"The body corporate will need consider whether the business is legal and compatible with the retail mix of the shopping centre," she says.
The property is zoned Business 8 under the council's current operative district plan and Local Centre under the Proposed Auckland Unitary Plan
De Jong says the vendor is "very realistic" about expectations in relation to the sale of the unit and "our instructions are clear that this property will be sold".
What's on offer?
The property: Meadownbank shopping centre unit.
Location: Unit G,35 St Johns Rd.
Agency: Barfoot & Thompson Commercial.
Sales method: Deadline private treaty..
Closing date: 4 pm on Thursday, April 30.
• Frontage access to centre's popular Foodcourt.
• Flow on foot traffic benefits from anchor Countdown supermarket.
• Plentiful shopping centre parking.
• Realistic vendor wants to sell.
• Services affluent surrounding residential areas.