Investment opportunities like this don't come around often! NAI Harcourts is thrilled to present an exclusive chance for savvy investors to secure a proven tenanted property. With a brand new lease of 5 years starting from 25th November 2020, this investment property has a fantastic track record of successful hospitality occupation since its construction in 2007. Boasting a generous 133.33 sqm of internal floor area, complete with a well-equipped kitchen and amenities, the property also features an additional covered courtyard area on the northside measuring an impressive 98.5 sqm. For investors seeking a hassle-free investment, this property is a no-brainer. With a secure lease in place, you can enjoy steady rental income and watch your investment grow without any of the headaches of managing tenants or property maintenance. Investment highlights: - Leased 5 years from 25th November 2020 + 5 terms of 5 years each - Annual net rental of $75,288 + GST + Outgoings - Rent reviews every 2 years - Professionally managed property - Outgoings 100% recoverable - Personal guarantees and security deposit in place 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/JVYP