Finally, we have an investment opportunity that is a alternative to a term deposit with the upsides to match.
Recently developed for Waitomo Energy the property offers an investor a passive investment on a strategic site with strong underlying land credentials.
In addition to the unmanned fuel facility the property also includes a very tidy warehouse/workshop on Fitzherbert Street. This property offers a secure income stream with fixed rental increases ensuring excellent long term growth.
It doesn't get any easier to invest in property with this one.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/129TheEsplanade
• Fully leased, with Waitomo Fuel as anchor tenant
• Net income after OPEX of approx. $211,757pa + GST
• Fixed in rental growth due in 2024
• 10 year net lease from November 2021
• Strategic site with three street frontages
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.