•Established local restaurant tenant
•Returning $37,000pa + GST and outgoings
•Approximately 158sqm floor area
•Built-in rental growth
This is an affordable retail investment with a well established opportunity to purchase a bite size, well established restaurant unit in an excellent location. It was leased to a local Chinese restaurant in December 2017 with a six year lease plus two further terms of four years each.
The property offers investors a secure long-term cashflow.
This retail complex is positioned in the prime location of East Tamaki and was built in circa 2004. Neighboring units are fully occupied by a medical centre, dentist, hairdressers, bubble tea, restaurant, physiotherapy, fitness centre and retail stores.
This hands-free investment will appeal to passive investors looking for secure cashflow.
Don't miss out on this opportunity!