Sweet investment - new five year lease


1A/89 Ellice Road, Wairau Valley

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Sweet investment - new five year lease | 1A/89 Ellice Road, Wairau Valley | 1502952 |      X Close
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Sweet investment - new five year lease


A great opportunity to secure a fantastic road front investment in the popular location of Wairau Valley. An established Cafe since 2008 provides a new five year lease with further rights of renewals along with built in rental growth.

With its excellent location, the property is home to a range of businesses and popular brands that underpin the precincts commercial desirability including; Big Save Furniture, Smith City, Rebel Sports, Briscoes, Noel Leemings, Harvey Norman plus many more iconic brands. Properties of this nature are very sought after in a tightly held market, so this will appeal to first time, passive and astute investors. Together with a high growth area, road frontage and established business use - this represents an opportunity not to be missed.

Call now to arrange a viewing time.

Key Features:

- Returning $60,000pa + GST + Outgoings

- Term: Five (5) years

- Rights of Renewal: Two (2) further terms of Four (4) years

- 13 car parks

- Experienced Cafe owner

- Established business use

- Approx 121sqm floor area plus an additional exclusive outdoor area of approx 25sqm

1A/89 Ellice Road, Wairau Valley

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