Outstanding opportunity to purchase Unit 6, 42 Gravatt Road, in the coveted Fashion Island retail complex in Papamoa. Puma commenced their lease on 1 November 2018, have already exercised their first 4 year right of renewal from 1 November 2022 and have one further 4 year right of renewal for a final expiry date of 30 October 2030. Strong lease tenure so you can buy with confidence.
The centre was extensively upgraded and refurbished in 2017, which also included the shopfront facade to create a distinctly recognisable destination shopping centre. Shoppers can easily find a park with the convenience of 122 car parks shared on site.
Investors can buy with the confidence of an A-grade seismic rating and low-risk construction materials. Call Team Bradley for a full Fashion Island information pack to secure a passive investment performer for a long term hold.