• Iconic household tenant "My Food Bag"
• Nine year lease commenced October 2017 returning $802,067.50 (net pa) + GST with fixed rental growth
• Growth market in the supply of healthy foods to New Zealand homes
• Well-appointed 4,610sqm road front building on large 1.0491ha freehold site
Located within the popular Airport Oaks area, the property commands a significant footprint with expansion potential. This offering provides long-term investors, a rare opportunity to purchase a well-engineered building with a good track record for perishable food handling capacity. Fully refurbished in 2017, with its lease conditions placing responsibility for all maintenance and repair of the fit out upon the Tenant, this is a hassle-free bottom-drawer investment for the next owner.
Call the sole agents.
021 414 107
021 554 657
021 599 529
12-16 Brigade Road, MangereOpen in map