Wairau Valley
Unit 1/160 Wairau Road, Wairau Valley, North Shore
+10
Iconic buffet restaurant investment opportunity
• High-profile corner site in a prominent retail hub
• Substantial freehold unit comprising 810sqm of prime floor area
• Well-established tenant: Valentines Buffet Restaurant
• Secure long-term income: new 6-year lease recently renewed
Valentines is a highly recognised buffet restaurant brand that has been operating in New Zealand since 1989. This particular location features a high-quality restaurant fit-out across a substantial 810sqm floor area. The tenant has traded successfully at this prime site for over 12 years and recently reaffirmed their commitment by renewing a new 6-year lease. The property forms part of the well-established Wairau Junction complex, which comprises 22 tenancies across 4,800sqm and benefits from ample customer parking.
Tenancy Details
Returning a net rental of $245,000pa + GST. Full tenancy details are available upon request.
Quinn Ngo
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Steven Liu
Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
James Chan
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Location
High-profile corner site
Lease
Returning a net rental of $245,000pa + GST
Lease term
New 6-year lease recently renewed
Parking
Ample customer parking
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