Nationwide Gym as tenant - High yield - Auckland Central

Nationwide Gym as tenant - High yield

Auckland Central

By Negotiation

Listing ID 1687883

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Details

Price by Negotiation

Floor area	906sqm
Floor Area	906sqm Approx
Location	Next to 5 Star Cordis Hotel
Opportunities	Various Functional Uses

Description

Nationwide Gym as tenant - High yield

* Well national gym tenanted investment on long term leases

* Guaranteed rental growth

* Annual return is $196,115.00 pa + GST

* Current lease terms run through until 2026 with rights of renewal

* Situated right next to popular International hotel chain - Cordis Hotel

Invest in one of New Zealand's major fitness chains and a growing industry. Located in over 25 locations nationwide. The property is well located at Symonds St Office/University precinct. Great proximity to Motorway and public transport. Guaranteed rental growth and modern gym fit out. Excellent Auckland City investment with good return. Serious vendor say sell!