Small Mt Eden café sells for record yield
New owner buys property because they “love” Mt Eden.
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
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Sally Lindsay and Chris Hutching
Thu, 26 May 2016
Thu, 26 May 2016
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Small Mt Eden café sells for record yield
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