- 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.