International brand tenant


E/51 Hobson Street, Auckland Central

By Negotiation

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International brand tenant | E/51 Hobson Street, Auckland Central | 1902152 |      X Close
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Description

International brand tenant


• High profile freehold retail investment with wide frontage to Hobson Street

• 'Saravanna Bhavan' as tenant - one of the largest vegetarian restaurant chains in the world with presence in over 20 countries

• New six year lease commenced April 2018 plus further rights of renewal

• Fully occupied - returning $168,827pa plus GST and outgoings

• Seismic (IEP) rating of 70% of NBS (Grade B)

A quality passive investment strategically located in the Auckland CBD, approximately 140m from the Sky Tower and 250m from Queen Street. With extensive frontage to Hobson Street, 51E is enhanced by excellent street profile to passing foot and vehicle traffic.

Comprising a net lettable area of 328sqm (approx.), this corner CBD property is tenanted to well-known restaurant brand 'Saravanna Bhavan'. Described as the McDonald's of South India, Saravanna Bhavan is the world's largest vegetarian restaurant chain and with more than 80 outlets internationally. This property presents a rare opportunity for investors to secure a hands off investment.

Contact the SOLE agents today

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

Millie Liang

021 968 128

millie.liang@bayleys.co.nz

E/51 Hobson Street, Auckland Central

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