A quality large format retail investment, leased to an established and high performing national operator.
Leased to Interiors Group Limited, trading as Carpet Court and Curtain Studio with annual rental increases of 2%. Proven national brands with a strong client base and intent to remain in the region.
The property benefits from a full basement dispatch area with truck access from Boon Lane, a goods and services lift and an expansive showroom with a wide glazed frontage to New Plymouth’s primary retail strip.
Being sold by Expressions of Interest.
For more information or to arrange an inspection contact:
Benet Carroll
0210 289 4537
[email protected]
Please note: all floor areas are approximated only.
Features:
* Leased to Interiors Group Limited T/A Carpet Court and Curtain Studio
* Net Rental: $148,571.47 + GST
* Fixed Rental Growth: 2% per annum
* Functional retail premises with 3 frontages
* A+ Grade Seismic Rating (2012 IEP)
* Site Area: 1046 sqm
* NLA: 1380 sqm
* Exceptional passive investment
