- Brand new unit with a 6 year lease and annual rental increase

- Tenanted by Floorwise, returning net $100,500 + 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 opportunity comprises Floorwise, with a new 6 year lease. Floorwise was established in 2009, at its now established Henderson premises. The operator has 35 years' experience in the flooring industry and has become a preferred supplier for many large commercial organisations. The new Floorwise store in Warkworth (due to open mid September) is part of the planned expansion of Floorwise throughout New Zealand, and will showcase a variety of residential and commercial flooring products.

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.