Retail Investment - Long Term Lease

This one has all the right ingredients! Here is an excellent investment opportunity for you to secure yourself a near new, double sized retail unit, well leased long term, within an impressive, recently completed, retail complex in the rapidly growing village of Prebbleton.

Well leased long term with an 8 year head lease in place from April 2023, plus 2 further rights of renewal terms of 8 years each. Rental returning $76,240pa + GST + outgoings. Further to this, there is a sublease in place to the current gift and variety store at the same rental as the head lease.

This double unit of 200m2* is in a great location adjacent to the new FreshChoice supermarket, the new Medical Centre and the original "The Prebbleton Village" shops, which are all conveniently linked together by a landscaped walk and cycle way, creating a sensational business hub right in the heart of Prebbleton. Good onsite car parking is provided with 8 allocated to the unit.

Great mix of surrounding tenants, including Optometrist, Hearing Clinic, Dentist, Orthodontist, Physio, Gym, Reform Pilates, Pharmacy, Barber, Nail Bar, Beauty Salon, Cafe, Womens Fashion, Ray White Real Estate, The "Good Home" gastropub, Liquorland, Laundromat, , Sushi, Fish 'n' Chips, Souvlaki, Thai, Chinese, Indian and Malaysian Restaurants.

An excellent opportunity here to secure this property with a long term lease in place providing you with a superb net rental return. This would make an ideal addition to your investment portfolio.
(* approx.)

Call Paula Raine 027 221 4997 for further information.

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