Smokin' hot property investment in Cambridge


36 Lake Street , Cambridge

Private Treaty

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Smokin' hot property investment in Cambridge | 36 Lake Street , Cambridge | 2312802 |      X Close
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Smokin' hot property investment in Cambridge


β€’ Brand new nine (9) year lease returning $68,545pa plus GST & Outgoings

β€’ Located in recently built complex Lakewood, Cambridge surrounded by a mix of local and national tenants

β€’ An investment opportunity not to be missed!

The land and building showcasing the Waikato's newest carnivore lover's hospitality venue, Up in Smoke, is on the menu for property investors to buy.

The 162-square metre premises for sale - plus a courtyard area for outdoor dining - is located within the brand new Lakewood retail and commercial hub at Lake Street in Cambridge. As a mixed-use development, the Lakewood precinct contains a combination of new-build residential dwellings, and a substantial portion of commercial sites - expanding Cambridge's currently tightly-held town centre capacity.

The high-quality Lakewood development was built by well-known Waikato construction company Fosters. It's multitude of food and beverage tenancies are now seeing the vision for Lakewood come to fruition - fulfilling the shortfall of 10,000-square metres of retail space in the township. The location also features offices, boutique motel accommodation, childcare services, and apartments

Recently opened Up in Smoke is the latest addition to Lakewood's colourful dining scene. The restaurant is run by the operators of Fish Fish Restaurant in Auckland. The hospitality business is on a new 9 year lease running through to 2030 with two further four-year rights of renewal generating annual net rental of $68,545 plus GST.

Enjoying plenty of sunlight and with shared customer parking immediately outside the establishment, unit D01 at 36 Lake Street in Cambridge is being marketed for sale by Deadline Private Treaty closing 4pm, 11th November 2021 (unless sold prior).

Rebecca Bruce

Hamilton

Licensed under the REA Act 2008

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Willem Brown

Hamilton

Licensed under the REA Act 2008

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Jordan Metcalfe

Hamilton

Licensed under the REA Act 2008

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36 Lake Street , Cambridge

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Rebecca Bruce

Hamilton

Licensed under the REA Act 2008

View profile

Willem Brown

Hamilton

Licensed under the REA Act 2008

View profile

Jordan Metcalfe

Hamilton

Licensed under the REA Act 2008

View profile