This retail investment property is strategically positioned in a high-foot-traffic retail precinct, ensuring strong tenant demand and long-term investment security.
Investment Highlights
•Building: 177sqm (more or less), 92% NBS
•Land: 187sqm (more or less) freehold
•Rent: $96,793 pa + GST
•Review: 3% pa and market at renewal
•Tenant: Platypus Shoes Limited
•Guaranteed: by Accent Group Limited, Australasia's leading footwear retailer with 800+ stores
Located in Whangarei's top retail hub, this premium property enjoys high foot traffic and visibility. Leased to Platypus Shoes Limited, with a guarantee from Accent Group Ltd (Australasia's leading footwear retailer with 800+ stores), it offers a secure and growing income stream.
Contact the sole agents:
Nigel Ingham
021 562 919
nigel.ingham@bayleys.co.nz
Daniel Sloper
021 022 10339
daniel.sloper@bayleys.co.nz
For sale by Deadline Private Treaty closing at 4pm, Wednesday, 16 April 2025 (unless sold prior).
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.