NAI Harcourts are proud to exclusively offer a superb opportunity for an investor to secure a proven tenanted investment in the beachside suburb of Browns Bay. The lease has been renewed for a further term of 5 years from 1st November 2022 with a net rental of $106,377 + GST + Outgoings. An ideal opportunity for an investor looking for a hassle-free investment. Total building area of 443.5 sqm including mezzanine area of 121sqm and over 30 shared car parks. Investment highlights: - Lease renewed for 5 years from 1st November 2022 - Annual rental of $106,377 + GST - 2 yearly market rent reviews - Professionally managed property - Outgoings 100% recoverable - Personal guarantees and security deposit Call us now for more details to obtain a copy of the Information Memorandum and to arrange an inspection time. Please copy and paste the below link into your browser to download further due diligence documents: https://www.harcourtsfiles.co.nz/listings/CCD7