Kihini
•Land and buildings only
•Present offers- our vendor wants this gone.
•State Highway 2 offers excellent exposure.
•Recently refurbished and new shop fit out.
•Parking at rear.
Our vendor says sell. With other interests on the table this property needs to be sold. Now is the time to buy with the lease returning $31,200pa + GST/OPEX and a rent review to market rent due in October 2025 upon renewal. Take advantage of the opportunity to buy now and get upside.
This tenanted convenience store, strategically located on State Highway 2, boasts a prime position. Following refurbishment, including a new shop fit-out in 2022, the business aspect has been sold due to a change in family circumstances. Now, the opportunity arises for new ownership of the land and buildings at 2276 State Highway 2, Maramarua.
Convenient parking is available at the front, side, and rear of the property, facilitating easy access to the bustling shop. Operating under the name "Snack n Go," the store offers a range of essentials, including groceries, ice creams, takeaway meals, and fast food, catering to travellers and locals alike.
With a land parcel spanning 1,988sqm (more or less) and a well-positioned 170sqm (approx.) building towards the front, ample parking space is provided at the rear. 2276 State Highway 2 presents an attractive investment opportunity for those seeking ownership of a high exposure property.