Long term tenanted investment
15/160-170, Wairau Road, Wairau Valley, North Shore City
- Proposed Usage
- Floor Area
- 335.00 m²
- Property ID
- Returning $85,000pa + GST and OPEX
- Final expiry in 2031
- Next rent review in 2021
This large format retail unit comprises approximately 335sqm split between shop area, a large walk in chiller and rear loading area with roller door.
An established fruit and veg tenancy since 2013 servicing the Wairau Valley, this property is offered to the market as a passive investment opportunity.
The property is well situated in the Wairau Junction retail centre which underwent major redevelopment in 2013/2014. This popular complex houses a wide range of tenancies such as Westpac, Coffee Club, Pita Pit, Pizza Hut and City Fitness, and is adjacent to the Wairau Junction commercial centre. Wairau Junction is one of the most prominent centres located on the North Shore, and benefits from ease of access with up to 155 parks.
An established tenancy, a growth location, a corner site and quality surrounding businesses - this represents an opportunity that cannot be missed.