Stokes Valley
7 Scott Court, Stokes Valley, Lower Hutt
For Sale by Negotiation
Inexpensive investing - Domino's Pizza as Tenant
We are proud to be able to offer you the prime opportunity that 7 Scott Court represents.
The property is on a prominent site within Scott Court and benefits from a service lane to the rear.
This well presented, single level retail building is fully leased to one of New Zealand's most highly regarded family restaurant/pizza chain operators.
Domino's have a long-term commitment to the property, having occupied it since 2015, renewed in 2020 and have another 5 year Right of Renewal.
Returning $16,948pa net + GST your investment is protected by annual CPI rent adjustments, with a likely jump in rental at the market review upon renewal in 2025.
Superbly fitted out at significant expense to the tenant, and extremely well presented, the property is a fit for purpose investment proposition.
To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/7scottcourt
• Prime position in Scott Court
• Annual CPI adjustments
• Fully leased to Domino's Pizza
• Annual rental $16,948pa net + GST
Oliver Hourigan
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Paul Cudby
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Prime position in Scott Court
Rent review
Annual CPI adjustments
Occupancy
Fully leased to Domino’s Pizza
Lease
Domino’s have a long-term commitment to the property
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