A well maintained, main street investment boasting an A-Grade seismic rating leased by two established restaurants.
The two story building has a wide frontage to Devon Street. It has been meticulously maintained, refurbished and seismically strengthened. The property returns $81,040 plus GST, with staggered lease expiries and a weighted average lease term of 3.5 years. Both restaurants are established and solid performers.
Situated in the middle of Devon Street East, opposite The Warehouse, TSB Head Office and along from the Top Town Cinema Complex.
For sale by Negotiation.
For more information or to arrange an inspection contact:
Benet Carroll
021 028 94537
benet.carroll@colliers.com
Please note: all floor areas are approximated only.
Features:
- A grade seismic rating
- 2 x established tenants
- Popular retail location - opposite The Warehouse
- Net annual rental: $81,040 plus GST
- Split risk investment
More information: https://www.colliers.co.nz/p-NZL67035240
