Presenting a high quality, split risk investment underpinned by long term leases to three quality tenants in a sought-after location in the centre of Hawera's CBD. The 877 sqm site was developed in 1998 with a single-storied building assessed with a 95%NBS seismic rating.
The investment is anchored by the Ministry of Social Development making up approximately 75% of the building, accompanied by a new 7 year lease to a laundromat and a recently renewed 8 year lease to established Café operator with a net annual rental of $127,763.50 plus GST.
Benefitting from three wide frontages adjoining the Woolworths Supermarket and expansive car parking area.
Being sold by negotiation
For more information or to arrange an inspection contact:
Benet Carroll
+64 210 289 4537
[email protected]
Please note: all floor areas are approximated only.
Features:
* 100% leased to three quality tenants
* Anchored by Ministry of Social Development
* 95% NBS Seismic Rating
* Site Area: 877 sqm
* NLA: 877 sqm
* Net Rental: $127,763.50 + GST p.a.
* Prime CBD location - adjoining supermarket car park
