- Brand new unit with 10 year lease with 3% rental increase per year
- Tenanted by Tank Juice - who have over 60 stores across New Zealand
- Returning net $35,823 + GST
- High profile complex with huge traffic exposure - tenants in complex include McDonald's, BP, Domino's, Coffee Club and St Pierre's Sushi
- Stage 2 offering also includes other opportunities: Tank Juice, Kebabs on Queen, Noodle Noodle, Floorwise and Vacant 60sqm unit (Stage 1 fully sold) - enquire for any of these other opportunities
Offered to the market is Stage 2 of The Grange - representing 5 brand new investment opportunities all with long term leases and built-in rental growth. Net rentals range from $27,500 to $174,400, ensuring all levels of investors are given the opportunity to secure a slice of this brand new retail complex!
This opportunity comprises Tank Juice, with a new 10 year lease taken on by the head office. Tank Juice is a New Zealand owned and family-run business providing healthy beverage and food options, after being established in 2011 and now with 60 stores across the country.
The Grange is the sole centre along State Highway 1 travelling south between Wellsford and Auckland. The centre is well-positioned at the entrance to Warkworth with ease of access from both sides of the road, and is surrounded by residential developments of approx. 200 houses under construction. Warkworth is a major growth location projected to increase to a population of 20,000 over the next 30 years.
Enquire now for further information about this exceptional passive investment opportunity, or any of the other investment units for sale.