B10,192 Lincoln Road, Henderson, Waitakere

Renewed eight year lease

• Established tenant in occupation since 2006; renewed eight-year lease from 2018
• Returning $69,581 (at 1 Jan 2021) plus GST and outgoings with assured rental growth
• Surrounded by quality national and international tenancies with ample car parking
• Highly sought-after location at Lincoln North Shopping Centre
• A Grade (80%) Seismic rating

Situated within the thriving complex of Lincoln North Shopping Centre on a high profile corner site, Unit B10 presents an opportunity for investors to acquire a freehold, hands-off, passive investment. Roadside Kebabs has been in occupation since 2006 and has committed to an eight-year lease from 2018 with further rights of renewal. Returning $69,581 (at 1 Jan 2021) plus GST and outgoings with annual increases of 2.5% and personal guarantee in place.

Comprising an attractive tenancy mix including KFC, Pizza Hut, ANZ Bank, Columbus Coffee and Snap Fitness, the centre is one of the most popular retail destinations. The property benefits from dual access points, from Lincoln Road and Universal Drive and is supported by ample shared car parking.

For further information, 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

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz