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Otaki

172 Main Highway, Otaki, Kapiti Coast

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322sqm Land area SQM
287sqm Floor area

Easy on the eye


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

Auction

Level 14, The Bayleys Building, 36 Brandon Street, Wellington

18
Mar

Time11am
Calander
Calendar
Fraser Press

Fraser Press


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Paul Adams

Paul Adams


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Frontage


Modern, high stud showroom

Net income


$71,887pa + GST

Tenant


Well established long-term tenant, high profile brand, Kathmandu clothing