Restaurant with New 8 Year Lease

67 Auckland Road (Unit 5A), Warkworth


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Restaurant with New 8 Year Lease | 67 Auckland Road (Unit 5A), Warkworth | 1682379 |      X Close

Restaurant with New 8 Year Lease

- Brand new unit with 8 year lease in SH1 retail complex - Stage 1 and 2 both 100% SOLD

- Tenanted by Cizzlin restaurant, a fusion restaurant specialising in Mongolian style grill

- Returning net $65,000 + GST

- High profile complex with huge traffic exposure - tenants in complex include McDonald's, BP, Domino's, Coffee Club, Tank Juice, Educare Childcare and St Pierre's Sushi

- Stage 3 offering also includes other opportunities: Green Bay Fruit and Vegetable, Fish (Nets) & Chips, Cizzlin Restaurant and Cross Gate Variety Store - enquire for any of these other opportunities

- Well complimented with approx. 200 houses under construction at the rear of the complex

Offered to the market is Stage 3 of The Grange - representing 5 brand new retail investment opportunities all with long term leases and built-in rental growth. Net rentals range from $30,000 to $92,500, ensuring all levels of investors are given the opportunity to secure a slice of this brand new retail complex!

This opportunity comprises Cizzlin restaurant, a fusion grill restaurant specialising in Mongolian style grill to eat in or takeaway. Cizzlin has sprung from the famous Gengy's stable, the first of which was established by the Cizzlin's owner over 14 years ago. There are now eight Gengy's restaurants across NZ.

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.

67 Auckland Road (Unit 5A), Warkworth

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