Tenanted by a well-known national brand, this is an investment you need to take a look at. Featuring a long lease term with renewals, it represents an opportunity in an affordable price range.
Pizza Hut are strategic about their location and this position offers everything to the tenant and their customers including ease of access via two arterial roads, ample parking right at the door, close proximity to motorways, and on the doorstep of Westgate.
The building is modern and was completed around 2017. The complex offers a range of convenience type business to the large and growing local population. Pizza Hut in New Zealand stands for serving the best quality pizzas in New Zealand.
Call us now to discuss how you can take a big bite.
RO Campbell Ltd trading as Pizza Hut
• Tenancy area: 99.47sqm
• Initial lease term: 10 years
• Commencement: 08/10/2019
• Rights of renewal: 6 + 4 years
• Rent review: 2 yearly to market
• New renewal due: 08/10/2029
• Current rent: $46,254pa
Full documentation pertaining to this investment property can be accessed via propertyfiles.co.nz/1506497