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506sqm Floor area

Tender

(unless sold prior)

Brand New Investment - 12 Year lease


- Excellent position in a high growth area situated just off the motorway
- Brand new 12 year lease to an established and popular restaurant / bar, "Lone Star"
- Returning $221,750pa + GST & Outgoings
- Brand new retail development (construction completed in November 2016) - final unit available for sale!

A modern retail unit with 506sqm (approx.) of lettable area and superbly positioned on a 3,998sqm Freehold site. This property is located near the intersection of Fred Taylor Drive and Don Buck Road, and moments from rapidly growing Westgate / Hobsonville precinct.

Following the sales of the 5 other units (Childcare, Sal's Pizza, Barber, Bakery and Dentist), this represents an fantastic long term investment opportunity with guaranteed annual rental growth. Tenanted by Lonestar, this is one of 27 restaurants they run throughout New Zealand

Bayleys Real Estate Limited is pleased to offer Unit 1, 575 Don Buck Road, Westgate, Auckland for sale by Tender (unless sold prior), closing 4pm, Thursday 29th June 2017
at Bayleys Office, 30 Gaunt Street Auckland

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

29

Jun

Time4pm
Calander
Calendar
Janak Darji

Janak Darji


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Matt Lee

Matt Lee


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Tony Chaudhary

Tony Chaudhary


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Lease


Long term lease

Returning


$22,1750pa + GST & Outgoings

Tenant


Lonestar