Skip to main content Skip to footer
  • For Sale
  • Investment
Fantastic yield, Strong Lease - #1
Fantastic yield, Strong Lease - #2
Fantastic yield, Strong Lease - #3
Fantastic yield, Strong Lease - #4

For Sale

Negotiation

This is a fantastic opportunity to add a proven income-generator to your investment portfolio.

The 108m² (more or less) retail unit is on the ground floor and has been occupied by a TAB and Gaming Lounge tenant since 2013. 

The net rental income is $47,717.31 p.a plus GST and the tenant pays all operating expenses. The tenant has 6.4 years to run on the current lease with NEW two x five years of right of renewals – the new right of renewals as requested by the tenant shows their confidence in this busy location.

This property will appeal to all investors looking to secure a fantastic return with built in CPI increases and market rent reviews offering future upside.

The neighbouring property, Unit D, is also on the market with similar features – buy one or buy both.

Do not miss this opportunity - Call your sole agents today for more information.

Unit D Listing Link - https://www.colliers.co.nz/p-NZL67015437

 



Ref #: 20753901