Sold
Retail

Prebbleton Selwyn District 8025

Sold for $940,000 on 19 Jun 2023
  • Building: 150m²
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Retail in Prebbleton

Not a Pad (Thai) Investment

  • Building: 150m²

An excellent investment opportunity to secure a brand new, retail unit. It has all the right ingredients going for it! Well leased long term within an impressive, recently completed, retail complex, in the rapidly growing village of Prebbleton.

A new 6 year lease is in place to a Thai Restaurant with personal guarantees, plus 2 rights of renewal for a further 6 years each. It provides you with a net rental income stream of $56,400pa + GST + outgoings. Rent is reviewed annually to CPI except every 2 years to market.

The unit is in a great location within the complex between the new FreshChoice supermarket, the new Medical Centre and the original "The Prebbleton Village" shops, which are all conveniently linked together by a landscaped reserve walk and cycle way, creating a sensational business hub right in the heart of Prebbleton.

Good onsite car parking is provided with 6 allocated to the unit. Great mix of tenants proposed, including Optometrist, Pilates, Chinese, Malaysian, Fish 'n' Chips and Indian Restaurant (plus more under negotiation). An excellent opportunity here to secure this property and add it to your investment portfolio. (* approx.)

Call Paula Raine on 027 221 4997 for further information.

Unit H - SOLD

Property ID:

CCM30758

Building:

150m²

Zone:

B1 (Selwyn)

Tenancy:

Vacant

Prebbleton, Selwyn District