Situated in sought after Wairau Park on Auckland's North Shore this modern high-profile retail property has been leased to Lighting Direct for 21 years. Now for sale for the first time since new, this property offers investors a unique opportunity that ticks all the boxes.
Key features include:
- New 6 + 6 year lease from 1st April 2013 - expires 31 March 2025
- Established long term tenant with 25 nationwide stores
- Net annual rental $109,700pa (+ GST)
- Guaranteed rental growth with annual CPI rent reviews
- A popular sought after Link Drive location, directly opposite Freedom Furniture
- High profile position with excellent street exposure
- Smart well presented premises
- A grade seismic rating
Investors seeking a truly exceptional investment must view.
Auction 12pm, Thursday 3rd July 2014 (unless sold prior) at Harcourts Auction Room, 400 Beach Road, Mairangi Bay.
Further information can be found at http://feature.harcourts.co.nz/11of18link