This is a great chance to acquire a single-tenanted, national-brand investment underpinned by a longstanding loyal tenant: Westpac Bank on Kaitaia's main street.
Investment Highlights:
Secure Income: Enjoy a strong annual net return of $63,000 + GST.
National Covenant: Westpac Bank has been the committed tenant since July 2012, providing exceptional tenant security.
Future-Proofed: The tenant is cementing their commitment by undertaking a full air conditioning system overhaul at their own cost.
Vendor Assurance: The current owner is committed to delivering a quality asset and is replacing the roof entirely, with work to be completed prior to settlement.
Good Seismic Rating: A detailed 2023 seismic assessment by BECA confirms a satisfying 70%NBS rating, providing peace of mind to investors.
Don't miss out on this established, hassle-free commercial property.
Contact Paul van den Berg today to register your interest and receive the full property information memorandum.
