10 Year Lease - Retail along SH1

Unit 3A/67 Auckland Road, Warkworth

By Negotiation

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10 Year Lease - Retail along SH1 | Unit 3A/67 Auckland Road, Warkworth | 1680861 |      X Close

10 Year Lease - Retail along SH1

- Retail unit in brand new service centre development, The Grange - neighbours include McDonalds, BP, Domino's and` Coffee Club (all sold and now trading)

- Tenanted by a Indian restaurant, an experienced operator with businesses across Auckland

- Net rental $50,550 + GST with rental growth

- Comprises both Personal and Bank Guarantees

Offered to the market for sale is the final property in Stage 1 of The Grange - a brand new retail investment with a long term lease and built-in rental growth. This property, due for completion in June, is well-located near the entrance of this exciting new complex, positioned next to Coffee Club and adjacent to McDonalds and BP.

The Grange will be the sole retail service centre along State Highway 1 travelling south between Wellsford and Auckland, with a right hand turn in and out of the development. The centre will source customers from traveling motorists, the growing local population, plus the wider emerging catchment area. This prime location has exposure to approximately 5.2 million passing vehicles annually (reference: NZTA).

This opportunity represents a quality brand new retail investment in a new main road development.

Unit 3A/67 Auckland Road, Warkworth

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