- High profile service station on long term lease with over 11 years remaining on current term
- Returning $208,343.56 + GST p.a. with built in rental growth throughout the lease
- Corner site main road position on main thoroughfare road
Bottom drawer, hassle free investment opportunity. This high profile investment property offers investors the chance to secure an established tenant on a long term lease with built in rental growth.
The current lease term of 23 years has over 11 years remaining, in addition to two further rights of renewal of 10 years each. The property enjoys a high profile position on the corner of Station Road and State Highway 1 in Kawakawa, a town known as ''the gateway to the Bay of Islands''. This location enjoys strong traffic flows from both private cars and trucks.
Act now to secure this hassle free long term investment.
*Land and Buildings for sale, Business is NOT for sale.