All The Hallmarks Of A Quality Long Term
All The Hallmarks Of A Quality Long Term
12 Tyers Road, Ngauranga, Wellington
12 Tyers Road, Ngauranga, Wellington
Auction
Auction
Listing ID 407135
Auction (unless sold prior)
|
11:00AM |
All The Hallmarks Of A Quality Long Term
Agents:
JamesHiggie
james.higgie@bayleys.co.nz
+64 27 444 7656
MarkHourigan
mark.hourigan@bayleys.co.nz
+64 21 427 603
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand James Higgie james.higgie@bayleys.co.nz Mark Hourigan mark.hourigan@bayleys.co.nz false MM/DD/YYYY 1440
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand
Details
| Floor area | 1,300sqm |
| 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 |
Description
All The Hallmarks Of A Quality Long Term
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.
James Higgie
Wellington C & I
Licensed under the REA Act 2008
| Mobile: +64 27 444 7656 |
| Office: +64 4 499 6022 |
| james.higgie@bayleys.co.nz |
Mark Hourigan
Wellington C & I
Licensed under the REA Act 2008
| Mobile: +64 21 427 603 |
| Office: +64 4 499 6022 |
| mark.hourigan@bayleys.co.nz |
Auction (unless sold prior)
|
11:00AM |
All The Hallmarks Of A Quality Long Term
Agents:
JamesHiggie
james.higgie@bayleys.co.nz
+64 27 444 7656
MarkHourigan
mark.hourigan@bayleys.co.nz
+64 21 427 603
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand James Higgie james.higgie@bayleys.co.nz Mark Hourigan mark.hourigan@bayleys.co.nz false MM/DD/YYYY 1440
The Bayleys Building, Level 14 Corner Brandon Street and Lambton Quay Wellington, New Zealand
Details
| Floor area | 1,300sqm |
| 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 |
James Higgie
Wellington C & I
Licensed under the REA Act 2008
| Mobile: +64 27 444 7656 |
| Office: +64 4 499 6022 |
| james.higgie@bayleys.co.nz |
Mark Hourigan
Wellington C & I
Licensed under the REA Act 2008
| Mobile: +64 21 427 603 |
| Office: +64 4 499 6022 |
| mark.hourigan@bayleys.co.nz |