Tenancy 5 Northlake Commercial Centre, 5 Northlake Drive, Wānaka, Wānaka

Quality investment with growth potential

Positioned on a prominent corner site, this high-quality property presents a prime investment opportunity in Wanaka's Northlake Commercial Centre. A brand-new lease is in place, offering an initial three-year term with two rights of renewal, extending through to 2034 making this an attractive proposition for a wide range of investors.

Surrounded by well-established tenancies within a modern new-build, the property is well-positioned to benefit from the rapid growth of both the Northlake community and the wider Wanaka region.

With a strong tenant in place and the advantage of being part of a recently completed development, this is truly a bottom drawer investment opportunity.

Currently returning $81,009 per annum, with built-in annual rent increases of 3% and market reviews every three years, your investment is structured for steady growth.

Asking price $1,550,000 plus GST (if any), providing an initial gross yield of 5.2%.
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