A Quality DIY Investment

Mitre 10 (NZ) Limited as the tenant on a 7 year lease term remaining.
Final expiry April 2025.
A Mitre 10 subsidiary is the store operator.
Annual net rent $393,000 + GST pa.
Recent significant rebranding and interior and exterior upgrade.
Net lettable area approximately 3,700m2.
Well placed to grow further once the Penlink Highway completed.
A well presented investment.
Building completed in 2003.
Owner selling to invest in another business.