This property is leased to a large national bulk retail chain listed on the NZX with six years remaining on a long term lease.
The current rental is $593,489 and you will be able to secure 7% + yield on your investment.
Located in a high profile location near the corner of Mt Wellington Highway and the Ellerslie-Panmure Highway the list of bulk retail operators within the immediate location is impressive.
• 3,772m² bulk retail store in a high profile location • Six years to run on the current lease term • $593,489 annual yearly income • High profile bulk retail location • Expect a high yield on your investment
A comprehensive Information Memorandum is available on request.