7.5% Return - National Tenants - Central Location

2/401 Queen Street West, Hastings

Investment For Sale

For Sale    Tenanted Investment
Floor Area: 440.00 m2.    

Description

Modern retail shopping complex on the corner of Queen Street West and Nelson Street North, Hastings with five retail shops and shared car parking on site.

The unit is leased to National operator The Mad Butcher who have over 30 retail stores nationwide and International tenant Bakers Delight who can be found in over 700 locations world wide. 

This is a great opportunity for the savvy investor looking for a quality investment. 

Features

  • Floor area: 440m²
  • Unit titled
  • Quality tenants
  • New leases
  • Built 2005
  • $115,160.00 net rental pa

Occupants

Occupant Term Net Annual Income
Hunt’s Hot Bread Limited t/a Bakers Delight 6 years from 9 December 2017 $29,000.00
Krysgym Limited t/a The Mad Butcher 5 years from 4 November 2017 $86,160.63

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