5% RETURN * - NATIONAL BRAND TENANT


C/20 Wainui Road, Silverdale

Asking Price NZD $1,580,000 + GST (if any)

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5% RETURN * - NATIONAL BRAND TENANT | C/20 Wainui Road, Silverdale | 1270397 |      X Close
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5% RETURN * - NATIONAL BRAND TENANT


This immaculate 187sqm office/retail unit, leased by national brand tenant Ray White Real Estate is located on the junction of Silverdale Street and Wainui Road in a high-profile modern retail complex. Great parking and access makes this a low vacancy retail block. Upside with rental moving to $79,288 ++ on * 1 July 2022.

This property is future proofed with the ability to split into two if required.

Key Features:

- 187sqm office/retail unit

- National brand tenant committed to long lease

- Final expiration of current lease not until 2030

- Yearly CPI rent reviews alongside tri-annually market reviews

Burger Fuel, Sals Pizza, ASB, Coffee Club, and Westpac are just a few of the national tenants in the area. The property offers an ideal location within a modern complex, as well as the benefit of a proven track record with consistent tenancies in place.

Graeme Perigo

Silverdale

Licensed under the REA Act 2008

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Ben Clare

Silverdale

Licensed under the REA Act 2008

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C/20 Wainui Road, Silverdale

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Graeme Perigo

Silverdale

Licensed under the REA Act 2008

View profile

Ben Clare

Silverdale

Licensed under the REA Act 2008

View profile