A strategically located, high profile investment, within the affluent township of Kerikeri’s CBD.
The property is currently leased to Bunnings Ltd, who have recently renewed their lease for a further 4-year term, with two more renewal options.
Returning $336,656 pa net, with annual CPI growth, this bankable investment is underpinned by a household-name Australasian tenant covenant.
Situated on a large regular shaped 4,389sqm freehold site, the standalone property with ample parking & multiple access points offers various future development opportunities.
The Far North is one of the high growth region in NZ. Kerikeri is a key location within the Far North region and draw card for many returning ex-pats and retirees within NZ and from overseas. The area is also the centre for the Far North with regional Council, government agencies and supporting services. The beaches, the climate, the affordable lifestyle and ease of access (50min flight from Auckland) will continue to pull in new arrivals and growth within Kerikeri.
Call the sole agents today for further detail & to register your interest – this is a “must see” investment in a bustling area!
Nigel Ingham 021 562 919 | Matt Prentice 021 464 904
Ref #: 20772971
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