Islington Christchurch City 8042

Here's an investment opportunity with all the right ingredients.
- Newly constructed
- High profile corner location
- Long term lease
- Generous return

On offer is the prime front corner unit of 110m2* plus 8 onsite car parks, within a newly constructed retail complex on a high profile corner site.

Well located fronting the busy intersection of Main South Road (State Highway 1) and Pound Road (used to bypass Hornby and as a short cut to the airport) providing excellent exposure to a high traffic count. It is also ideally placed to service the many workers in the new 114 ha Waterloo Business Park, situated behind the complex.

A long term lease is in place to a Fish n Chip/Takeaway Food Bar for 6 years from May 2022 plus 2 further rights of 6 years each. Rental returning $44,470pa + GST + outgoings. Providing a very tasty return of 7%.

Great mix of Tenants already in the complex including Armadillo's Restaurant, The Islington Tavern, Thirsty Liquor, Gym, Pet Food and Fruit & Vege.
(* approx.)

Call Paula Raine on 027 221 4997 for further information.

Sale: Offers over $639,142 + GST (if any)