Trophy Retail Investment – New 8+8 Year Lease
This superb tenanted investment opportunity ticks all the boxes for commercial investors.
Located in The Foundation Retail Centre, a sought after complex that boasts an excellent history of high occupancy with a number of long standing tenants and offers ample shared parking for all customers.
Properties of this calibre are tightly held and for good reason too. Immediate neighbours include Mega Mitre 10, Freedom Furniture, Daikoku, Flying Burrito Brothers and Lone Star to name a few. This is a prime commercial investment that you will be proud to own.
– Returning $100,000 p.a + GST + OPEX
– New 8 year lease with 1 x 8 years right of renewal
– Strong lease and guarantees providing consistent rental growth
– Annual fixed rent increases with market renewal every 4 years
– Mixed use retail complex occupying a high profile corner location
– International restaurant brand with a long successful trading history
This unique opportunity is not to be missed, add this proven performer to your portfolio for long term hold.
For more information and an appointment to view this property, please contact the sole agent at NAI Harcourts Cooper & Co today.
To download further information please copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC36537
NOTE: all outlines in images are indicative only