A well-located central Te Rapa investment near The Base with excellent access on and off SH1. This three-sided freehold site benefits from access via all three road frontages and is secured by a long-term tenant on a new 9-year lease with fixed rental increases.
For sale by Deadline Private Treaty closing 3pm Wednesday 6th May (unless sold prior).
Features:
- 4,120m² site area
- Rental of $287,500p.a
- Separate truck access and parking
- 14 front carparks, and 19 rear
- Freehold title
- New 9 year lease
- Fixed rental increases
- Bank guarantee
More information: https://www.colliers.co.nz/p-NZL67038761