A/3 Bute Road, Browns Bay

Tenanted Restaurant Investment!

Price by Negotiation

Listing: NSC39335
Property Information
NAI Harcourts are proud to exclusively offer a superb opportunity for an investor to secure a proven tenanted investment in the beachside suburb of Browns Bay.

The lease has been renewed for a further term of 5 years from 1st November 2022 with a net rental of $106,377 + GST + Outgoings. An ideal opportunity for an investor looking for a hassle-free investment.

Total building area of 443.5 sqm including mezzanine area of 121sqm and over 30 shared car parks.

Investment highlights:
- Lease renewed for 5 years from 1st November 2022
- Annual rental of $106,377 + GST
- 2 yearly market rent reviews
- Professionally managed property
- Outgoings 100% recoverable
- Personal guarantees and security deposit

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/CCD7
Details
Contact Details

Isaac Tankard

Commercial Sales & Leasing Consultant
Licensed REAA 2008

Nick Young

Commercial Sales & Leasing Consultant
Licensed REAA 2008
Office Address
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