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