Expect A Generous Yield!

- Leasehold land with perpetual renewals\n- Split risk investment with three tenancies\n- Strategic profile site in Whakatane CBD\n- Annual net rental $68,000 + GST and outgoings\n- Proven provincial income earner\n\nThis property comprises a leasehold site that is subject to a lease from the Whakatane District Council for 14 year terms in perpetuity.\n\nAll improvements are owned by the Lessee which consist of a two level commercial building with two ground floor retail tenancies and first floor offices.\n\nCentrally situated at 156 The Strand, the site is within a prime retail area that enjoys high pedestrian traffic and is a very desirable locality within the Whakatane CBD.\n\nYou will be pleasantly surprised by the character and presentation of this building together with the generous yield it may well return!