- 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.