Small Mt Eden café sells for record yield
New owner buys property because they “love” Mt Eden.
Hot Topic
Summer features
A two level, freehold building in suburban Auckland sold at auction has returned an extremely low yield which may be a record, on a like-for-like basis.
The 134m² property operating as a café/restaurant at 409 Mt Eden Rd, Mt Eden, was sold at auction for $1.520 million – at a yield of just
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Sally Lindsay and Chris Hutching
Thu, 26 May 2016
Thu, 26 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Small Mt Eden café sells for record yield
58510