1,300sqm
floor area
|
11:00AM |
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand
Net Lease: | Tenant pays all outgoings |
Proven Location: | Existing tenant has renewed for 9 years |
Quality Tenant: | Fully owned subsidiary of Fonterra |
Rental Growth: | CPI rent reviews every 3 years with hard ratchet |
For serious investors this is one that ticks all the boxes. A new 9 year lease to the existing tenant Fonterra Brands (NZ) Ltd is testament to its prime location.
The tenants name speaks for itself and the fact they pay all the outgoings makes this an easy care investment.
The rent reviews are linked to CPI and a hard ratchet means the rent can only go up.
Licensed under the REA Act 2008
Mobile: +64 27 444 7656 |
Office: +64 4 499 6022 |
james.higgie@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 603 |
Office: +64 4 499 6022 |
mark.hourigan@bayleys.co.nz |
1,300sqm
floor area
|
11:00AM |
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand
Net Lease: | Tenant pays all outgoings |
Proven Location: | Existing tenant has renewed for 9 years |
Quality Tenant: | Fully owned subsidiary of Fonterra |
Rental Growth: | CPI rent reviews every 3 years with hard ratchet |
Licensed under the REA Act 2008
Mobile: +64 27 444 7656 |
Office: +64 4 499 6022 |
james.higgie@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 603 |
Office: +64 4 499 6022 |
mark.hourigan@bayleys.co.nz |
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