Here’s a chance for an entry level investor to get their hands on a dual tenanted CBD investment in the heart of the CBD. The very popular café Nua Thai have just renewed their lease for a further five (5) year term on the ground floor, while the first floor tenant has renewed for three (3) years. It's very hard to buy dual tenanted, freehold (not body corporate) property at this dollar quantum. The property has a 75% NBS rating and will offer a return higher than bank rates, and a lot higher net return than residential property.

Excellent CBD location opposite Sky City, just south of Garden Place, walking distance to Novotel and the new Pullman Hotel. 

Call now for further information.

Features:

• Returning $86,200pa net
• Anchored by a new 5 year lease on ground floor
• Prime CBD location opposite Sky City
• Freehold fee simple title
• Personal guarantees on both leases

More information: https://www.colliers.co.nz/p-NZL67040250