Shop 6/11 Tamariki Avenue, Orewa, Rodney

New seven year lease to international tenant

Located in this prosperous beachside town centre is an opportunity to purchase a prime corner 125sqm (approximately) ground floor retail unit with road front exposure to Keith Morris Lane and Tamariki Avenue. The unit is underpinned with a brand new seven-year lease to international tenant Dominos Pizza with a final Expiry in May 2042.

Currently returning $59,000pa + GST and outgoings, astute investors can take full advantage of this bottom drawer investment with built in annual CPI reviews (currently 6.9%) and market rent reviews on renewals.

Features include:
• High profile corner site in bustling central Orewa
• 125sqm (approximately) surrounded by ample public parking
• Brand new seven year lease to International Tenant Domino's Pizza
• Built in rental growth with annual CPI reviews and market rent reviews on renewal

Offerings of this nature with certainty of income are rare in the current market. Call now to discuss this opportunity further.

Christopher Moore | 021 039 7099