Positioned on a high-profile corner site in the heart of Otaki, 72 Te Rauparaha Street presents an outstanding opportunity to acquire an affordable, fully leased investment anchored by a new long-term lease to an established healthcare provider.
Delivering secure, passive income, the investment is underpinned by a five-year lease incorporating annual 3% rental increases and rights of renewal, providing both income certainty and future growth. The premises have been refurbished to a high standard and has excellent exposure within Otaki's main commercial area.
Healthcare-tenanted investments of this calibre and price point are tightly held, call us today for details.
To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/72terauparahastreet
- Freehold corner site with excellent profile
- Net income of $61,231pa + GST + outgoings
- Annual 3% fixed rental growth on a five year lease
