- National brand hospitality tenant
- Tenant in place until 2031 so enjoy instant income and peace of mind
- Ideal for investors seeking strong exposure and low-risk tenancy
With a stable rental yield, a new six (6) year lease from August 2025, and a prime location, this commercial investment makes good sense. The tenant has been in place since 2018.
Factors such as location, property type, and the quality of tenants play a critical role in determining the success of an investment and this property has it all. As well as operating under a new lease returning $82,500pa + GST and OPEX, the national brand hospitality tenant - The Coffee Club - is part of a thriving retail complex in upmarket Lakewood Cambridge in a key location, Lakewood is a mixed-use development which includes a residential apartment and townhouse complex.
Neighbouring businesses, including Westpac, one.nz, VTNZ, Bayleys, Tivoli Cinema, Chemist Warehouse, House of Wonder Daycare, professional services, and popular fast-food outlets, draw constant foot trafffic to the area.
Completed in 2018, the 185sqm (approx.) building includes an additional 84sqm of outdoor space.
Don't miss your chance to secure a standout commercial property with massive daily traffic and a reliable tenant already in place!