This cafe shop with commercial kitchen is strategically placed at the base of College Hill, across from Victoria Park, this leasing opportunity lends itself well to the variety of businesses that will enjoy the close proximity to the city center, without needing or wanting to be set in the heart of the rat race.
the cafe shop will also enjoy the flexibility the location provides, being minutes to the CBD, as well as the ever popular Ponsonby just up the road providing all the cafes and eateries the area in renowned for. The tenancy also boasts very pleasant views of Victoria Park, a lovely bonus that is just another reason this tenancy will be very popular.
Current net rental income is $34,880 + GST, 3 years term commence from 4 April 2018 with 3+3 right of renewal, the final expiry date is on 3 April 2027. Two yearly CPI rent review plus 1% from the commencement date.