Kiwi brand, long lease, built in growth
At last you can secure a tenanted investment anchored by Toby's Seafood, fish and chips being widely regarded as New Zealand's original takeaway dinner!
Toby's Seafood is a well-established family business operating five stores across Auckland.
The property offers a long lease returning net $93,303 plus GST per annum with fixed rental increases built in, providing secure and growing income for years to come. The tenant has occupied the property since new in 2018, is trading strongly, and is genuinely an iconic New Zealand food brand and enjoys an extremely loyal customer base.
The unit is positioned within a modern, busy complex which has had no vacancy since opening in 2018, and it offers generous on-site parking.
The surrounding region continues to experience rapid growth, with new housing and infrastructure development underpinning long-term demand. The asset benefits from consistent passing traffic and a strong tenant mix.
The vendor has committed to another opportunity and is instructing this property be sold creating an opportunity for a buyer to secure a bottom drawer investment backed by a household name.
Contact us today to secure this outstanding investment.
Toby's Seafood is a well-established family business operating five stores across Auckland.
The property offers a long lease returning net $93,303 plus GST per annum with fixed rental increases built in, providing secure and growing income for years to come. The tenant has occupied the property since new in 2018, is trading strongly, and is genuinely an iconic New Zealand food brand and enjoys an extremely loyal customer base.
The unit is positioned within a modern, busy complex which has had no vacancy since opening in 2018, and it offers generous on-site parking.
The surrounding region continues to experience rapid growth, with new housing and infrastructure development underpinning long-term demand. The asset benefits from consistent passing traffic and a strong tenant mix.
The vendor has committed to another opportunity and is instructing this property be sold creating an opportunity for a buyer to secure a bottom drawer investment backed by a household name.
Contact us today to secure this outstanding investment.
Key features
Lease
Returning $93,303 per annum
Lease term
With tenant having occupied since 2018 already
Exposure
High profile position in a busy, well established complex
Parking
Very generous parking onsite with securing parking behind for staff
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