Noodle & Kebabs Shops - New Long Lease


Unit 8A/67 Auckland Road, Warkworth

Auction

Download Email
Noodle & Kebabs Shops - New Long Lease | Unit 8A/67 Auckland Road, Warkworth | 1682086 |      X Close
Image
Description

Noodle & Kebabs Shops - New Long Lease


- Two brand new shops to be sold separately

- Opportunity 1: Kebabs on Queen with new 7 year lease, returning net $32,450 + GST

- Opportunity 2: Noodle Noodle with new 10 year lease, returning net $27,500 + 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 also includes other opportunities: Tank Juice, Educare Childcare, 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 - 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 first option comprises Kebabs on Queen, specialising in fresh and healthy, authentic Turkish food. Its first store on Queen Street in Auckland's CBD, was opened in 1997, with now 12 North Island stores with nine in Auckland, one in Hamilton and two in Wellington's CBD.

The second option is Noodle Noodle, Noodle Noodle is a Chinese takeaway operated by Warkworth residents who have been in the fast food business for 10 years. Prior to this they have had owned and operated numerous businesses.

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.

Unit 8A/67 Auckland Road, Warkworth

Open in map