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Tasty freehold – proven returns

135 Atkinson Avenue, Otahuhu

Retail Property
dollar

Deadline Sale

Floor area
306m2
Land area
379m2
Title type
Freehold
On this page:

Deadline sale

Thursday
4:00pm
11
Dec

Map

Property details

Listing # 16910152 | Listed on 5 November
  • Established national brand of Kokodak Chicken with 18 stores across New Zealand
  • Brand-new six-year lease returning net $105,000pa + GST
  • Fixed 3% annual increase
  • Extensively refurbished retail, commercial kitchen and high-stud warehouse
  • Excellent freehold investment at a high-profile location

An outstanding opportunity to secure a freehold commercial investment in the heart of Otahuhu, underpinned by a strong national tenant - Kokodak Chicken, one of New Zealand’s fastest-growing Korean fried chicken brands with 18 stores nationwide.

The property is leased on a brand-new six-year term with rights of renewal, returning net $105,000pa + GST, with fixed annual rent increases of 3%, ensuring solid income growth and long-term stability.

The freehold property has been extensively refurbished, featuring a beautifully presented retail frontage, a spacious modern commercial kitchen, high-stud warehouse for storage, and onsite customer parking.

With road frontage exposure, this is truly an exceptional investment offering long-term security and growth, supported by a reputable national tenant.

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