Easy care long term investment


2 Millar Place, Kopu

Asking Price NZD $5,900,000 + GST (if any)

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Easy care long term investment | 2 Millar Place, Kopu | 2311243 |      X Close
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Easy care long term investment


2 Millar Place, Kopu, offers a premium location for its national brand who relocated to the site in 2008 recognising the location for its central presence in the Northern Waikato and Coromandel Peninsular. The tenant being Fletcher Distribution Limited has recently agreed to a variation of lease from 10th December 2019 taking up a new 8 year term with a further 3 x 4 year rights of renewal and built in rental increases.

The steel framed iron clad 2,092sqm (more or less) retail warehouse is split in to two. At the front a tidy retail showroom allows for all aspects of home building with the remaining as a bulk warehouse. 5,942sqm (more or less) concrete secure yard with entrances from both Millar Place and Kopu road allows for easy access for deliveries of inwards goods and drive through collection of bulk supplies while not interfering with the abundant carparking for customers and staff.

With interest rates at historic lows and potential talk of negative returns for term deposits investing in a property that offers National brand tenant! Easy care investment! Location! Security of tenant! this is an opportunity to get your money to work for you!

2 Millar Place, Kopu

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