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Iconic buffet restaurant investment opportunity

Unit 1/160 Wairau Road, Wairau Valley

Retail Property
dollar

Tender

Floor area
810m2
Title type
Unit Title
On this page:

Tender

Thursday
4:00pm
16
Oct

Map

Property details

Listing # 1699770 | Listed on 20 August
  • High-profile corner site in a prominent retail hub
  • Substantial freehold unit comprising 810sqm of prime floor area
  • Well-established tenant: Valentines Buffet Restaurant
  • Secure long-term income: new 6-year lease recently renewed

Valentines is a highly recognised buffet restaurant brand that has been operating in New Zealand since 1989. This particular location features a high-quality restaurant fit-out across a substantial 810sqm floor area. The tenant has traded successfully at this prime site for over 12 years and recently reaffirmed their commitment by renewing a new 6-year lease. The property forms part of the well-established Wairau Junction complex, which comprises 22 tenancies across 4,800sqm and benefits from ample customer parking.

Tenancy Details
Returning a net rental of $245,000pa + GST. Full tenancy details are available upon request.

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