As an investor looking for a retail property with security of tenure, this opportunity is for you. The tenant has a strong 10-year history to date with a further period of almost three years until the next lease renewal.
The property was upgraded in 2007 and still looks and is one of Otaki's most modern shops with high showroom windows.
The town is currently enjoying a lift from the introduction of the Otaki Yard market and dining experience whilst the overall business performance can only further benefit from the coming Otaki Expressway and Interchange.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/172mainhighway
• Well established long-term tenant
• High profile brand, Kathmandu clothing
• Modern, high stud showroom frontage
• Net income of $71,887pa + GST