Solid Investment Plus Development Sites

New 10 year lease to long established international tenant\nCurrent net rental $350,000 per annum plus GST\nSignificant corner site plus development opportunity\nIncludes 171 bed hostel and well known Lava Bar\nRefurbishment recently completed\n\nOpportunities for truly solid investments don't come along often, or full net lease with annual CPI reviews to an international tenant plus two additional development sites! Base Backpackers are one of Australasia's largest chain of backpackers with 13 establishments. Base is located on the corner of Arawa and Ranolf Streets, the development sites are adjacent on Haupapa Street overlooking Kuirau Park.