Rārangi Hou
Always popular whether you are feeding a houseful or grabbing a quick and delicious bite to eat. Here is an opportunity to purchase a modern retail investment property in a busy and popular convenience centre with Nari Sushi as your tenant.
Having occupied the site since 2017, this sushi business has a long term lease with renewals and fixed rent reviews. The busy complex features double road access for customers and loads of parking for a quick and easy dash in and out.
Located in one of New Zealand’s fastest growing locations, it is on the doorstep of Westgate and offers ease of access to the motorway networks, schools and a growing population.
Don’t delay – call us now for full information and to arrange a site inspection
Natana Limited trading as Nari Sushi Massey
• Tenancy area: 80.09sqm (approximately)
• Initial lease terms: 8 years
• Commencement: 15/12/2017
• Rights of renewal: 2 x 4 years
• The right of renewal due 15/12/2025 has been exercised
• New renewal due: 15/12/2029
• Rent review: 2% fixed annually, market upon renewal
• Current rent: $41,797pa
Full documentation pertaining to this investment property can be accessed via propertyfiles.co.nz/1506492