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Wainuiomata

18 The Strand, Wainuiomata, Lower Hutt

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2,153sqm Land area SQM
270sqm Floor area

Finger licking good investment


Your next investment has never looked so promising!

With KFC as anchor tenant occupying a freshly minted building your return is bolstered by a secondary income stream from an onsite cell tower.

Neighbours include the recently redeveloped Woolworths, McDonald's, Medical Centre and a soon to be Mitre 10 Mega.

As evidenced by the adjacent residential development activity, Wainuiomata has become one of the fastest growing suburbs in Lower Hutt making the locality a hive of activity with a bright future.

- New 10-year net lease to KFC
- New build - 2024
- Anchor tenant has 3% annual increases
- Net income - $163,777

Investments of this nature are rare, making this a compelling opportunity to secure a quality property, with built in rental growth, on a cornerstone site in the centre of this flourishing location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/KFC_18thestrand

Key features


A-grade

National tenant

Exposure

Cornerstone site

Growth

Annual CPI increases

Seismic (NBS rating)

New Build (2024)