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Albany

8/270 Oteha Valley Road, Albany, North Shore

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58sqm Floor area

Auction

Bruce Lee Sushi Tenanted Investment


- Centrally positioned corner unit in The Foundation retail development with maximum exposure
- Returning $31,413.21pa + GST + OPEX
- Annual rental increase of CPI + 1% and market review on 12th June 2019 and renewal date
- Bite sized tenanted investment opportunity for all smaller investors

The Foundation comprises a total of 22 units of a vast range of restaurants, food convenience business, service retailers such as Pita Pit, Tank Juice, Oporto Chicken, Whisky to Wine, Snap Fitness, Lone Star and also includes a childcare facility, Discoveries Educare.

Bruce Lee Sushi and Roll provides a variety of fresh, funky and innovative fusion sushi offerings, where a whole different concept of sushi is introduced for a whole new tasting experience. There are 16 stores located across Auckland and it is fast becoming a popular food destination among consumers.

This property will appeal to smaller, long term and passive income investors. Next rental adjustment is CPI + 1% and is due in June this year.

For Sale by Auction (unless sold prior)
1.00pm, Monday 11th April 2016
Bayleys Maritime Square
4 Viaduct Harbour Avenue
Auckland

Auction

4 Viaduct Harbour Ave, Auckland

11

Apr

Time1pm
Calander
Calendar
Terry Kim

Terry Kim


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Michael Block

Michael Block


Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008

Features

Returning


$31,413.21pa + GST + OPEX

Tenant


Bruce Lee Sushi & Roll North Shore Limited

Term of Lease


Nine (9) years