Eight year plus lease to national tenant
• Sal's Pizza in occupation since developed in 2014 with the premises including exclusive outdoor area and shared parking
• Fixed 3.5% p.a. rent increases with personal guarantees
• Positioned on Lincoln Road, West Auckland's established fast-food corridor with excellent exposure and shared parking
Positioned with standout corner profile to one of West Auckland's busiest commercial corridors, Unit 5, 151 Lincoln Road presents the uncomplicated investment profile buyers consistently chase, modern construction, a proven national-format food operator, and long-term lease fundamentals.
The income profile is straightforward, returning $91,690pa + GST and outgoings and supported by fixed 3.5% annual increases, this investment provides strong income certainty and a long lease runway through to 30 April 2034.
First time to market since the original development, this is a tightly held style of unit in a sought-after precinct, surrounded by complementary operators and underpinned by consistent drive-by exposure and convenience.
• Fixed 3.5% p.a. rent increases with personal guarantees
• Positioned on Lincoln Road, West Auckland's established fast-food corridor with excellent exposure and shared parking
Positioned with standout corner profile to one of West Auckland's busiest commercial corridors, Unit 5, 151 Lincoln Road presents the uncomplicated investment profile buyers consistently chase, modern construction, a proven national-format food operator, and long-term lease fundamentals.
The income profile is straightforward, returning $91,690pa + GST and outgoings and supported by fixed 3.5% annual increases, this investment provides strong income certainty and a long lease runway through to 30 April 2034.
First time to market since the original development, this is a tightly held style of unit in a sought-after precinct, surrounded by complementary operators and underpinned by consistent drive-by exposure and convenience.
Key features
Occupancy
Sal’s Pizza in occupation since developed in 2014
Zoning
Business-General Business
Floor area details
138sqm (approximately)
Exposure
Positioned on Lincoln Road, West Auckland’s established fast-food corridor with excellent exposure and shared parking
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