Listing

Investment opportunities like this don't come around often! NAI Harcourts is thrilled to present an exclusive chance for savvy investors to secure a proven tenanted property. With a brand new lease of 5 years starting from 25th November 2020, this investment property has a fantastic track record of successful hospitality occupation since its construction in 2007.

Boasting a generous 133.33 sqm of internal floor area, complete with a well-equipped kitchen and amenities, the property also features an additional covered courtyard area on the northside measuring an impressive 98.5 sqm.

For investors seeking a hassle-free investment, this property is a no-brainer. With a secure lease in place, you can enjoy steady rental income and watch your investment grow without any of the headaches of managing tenants or property maintenance.

Investment highlights:
- Leased 5 years from 25th November 2020 + 5 terms of 5 years each
- Annual net rental of $80,000 + GST + Outgoings as of Nov 2024
- Rent reviews every 2 years
- Professionally managed property
- Outgoings 100% recoverable
- Personal guarantees and security deposit in place

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/JVYP