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Here is an excellent investment opportunity with all the right ingredients.
Secure yourself with a brand new retail unit, well leased long term, within an impressive, new, retail development in the rapidly growing village of Prebbleton.
The new lease is for a superb 8 year term, commencing from December 2023. The Tenant is a Pizza Restaurant/Takeaway with a personal guarantee. There are 3 further rights of renewal of 5 years each. The rental is $40,300pa + GST + outgoings, providing you with an attractive 6% net return.
This brand new retail development is in a great location adjacent to the new FreshChoice supermarket, the new Medical Centre, the revamped "The Bridge" bar & restaurant and the original "The Prebbleton Village" shops, which are all conveniently linked together by a landscaped reserve walk and cycle way, creating a sensational business hub right in the heart of Prebbleton.
Ample onsite car parking is provided with 5 allocated to the unit.
Great mix of tenants proposed, including an Optometrist, Pilates, Thai, Chinese, Malaysian, Fish 'n' Chips, Beauty, Souvlaki, Pizza, International Convenience store and a Gift & Variety store. As well as the neighbouring Tenants already established including Liquorland, Flex Fitness, Physio, Pharmacy, "The Good Home" gastro pub, Fush, Dentist, Laundromat, Barber Shop, Nail Bar, Ray White, Sushi, Indian and the Majestic Tea Bar & Cafe.
An excellent opportunity here to secure this affordable brand new commercial property investment, that will make an ideal addition to your investment portfolio.
(* approx.)
Call Paula Raine on 027 221 4997 for further information.
Sale: Refer offers over $671,665 + GST (if any)