An stunningly designed building in keeping with the history of Alexandra. The Warehouse is the only large scale department store in the Central Otago District and enjoys minimal competition from its high profile position. The Warehouse is an NZSX listed asset providing security of cash-flow.
Lessee: The Warehouse Ltd
Gross Income: $415,250p.a. +GST
Approximate net rental: $360,571.64 +GST
Lease term: 7 years from 1st March 2021
Land area: 3,783m²
Alexandra is the business hub for Central Otago, the store covers a vast catchment area and a major retail destination.
For more information and an appointment to view this property, please contact the Sole Agents at NAI Harcourts today.