There is potential to purchase this property with a 6% net return per annum. This would be a great buy taking into account the building has a 100% earthquake rating and Woolworths group as tenant! REDUCED PRICE TO SELL! Long Lease, Corporate Tenant and outstanding building with A grade earthquake rating! An opportunity to purchase a well appointed property with a corporate tenant who has just renewed another five year lease term. This renewal included their request for two further renewal periods. A sign they have long-term in mind. - Tenant - Fresh Choice Supermarkets (Woolworths Group subsidiary) - Renewed for another five years from April 2018 - Returning $207,000 net plus GST per annum - Letable area approx. 1140 square metres plus shared rear yard - Tenant pays all outgoings of $49, 908.66 plus GST per annum (approx.) Please phone NAI Harcourts for more details or an appointment to view. To download the property files please copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC28624 or if in NAI Harcourts website, click the 'more details' tab above.