NEW 18 YEAR LEASE TO A TOP CLASS TENANT

1-9 Maramara Road, Whenuapai, Auckland

Investment For Sale

Auction to be held at 1.00 pm Wednesday, 14 Nov 2018 (Unless sold prior)    Tenanted Investment
Land Area: 2,200.00 m2.    Floor Area: 575.00 m2.    

Description

Colliers International is proud to exclusively present 1-9 Maramara Road, Whenuapai, Auckland, to the market for sale by Auction to be held on Wednesday, 14 November 2018 at 1pm (unless sold prior).

This is an outstanding opportunity to acquire a premium grade investment that features strong fundamentals across all key investment criteria; a long term lease, a strong tenant covenant, a brand new building constructed to modern building standards in one of Auckland’s most rapidly growing locations.

The centre is perfectly positioned on a large, corner freehold title and is tenanted by market leading brand New Shoots on a new 18 year lease term plus further rights of renewal - this will be a very hard proposition to beat.

Call any of the Sole Agents now for further information, or to register your interest.

Features

  • Stunning brand new building
  • Net rent $257,400 pa net
  • New 18 year lease
  • Fixed Rental Growth
  • Licensed for 90 children
  • 1,000+ homes underway
  • One of the best we've seen

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