With capital earmarked for other commitments, the vendor is focused on a sale before Christmas. For investors, 274 Church Street, Onehunga delivers a compelling combination of long-term income and a prominent position on a main arterial road.
A new eight-year lease to RCR Infrastructure Limited, commencing 1 September 2026, returns $352,000 net p.a. + GST. This standalone freehold investment pairs immediate income with built-in rental growth.
- Long-term lease: Eight years plus two six-year rights of renewal.
- Rental growth: 2.5% annual increases from 2028, with four-yearly market reviews.
- Additional security: Bank guarantee equivalent to eight months’ gross rent plus GST.
- High-profile holding: 2,007m² freehold site with dual street access and 31 car parks.
The vendor’s next move is calling. Contact the sole agents today to arrange an inspection ahead of the Deadline Private Treaty closing 4pm, Wednesday 18 November 2026, unless sold prior.
