Prebbleton Selwyn District 8025

An excellent investment opportunity to secure a brand new, retail unit. 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 "Reform Pilates" with personal guarantees (the franchisee also owns the Wellington franchise) plus 2 further rights of renewal of another 6 years each. It provides you with a net rental income stream of $41,620pa + GST + outgoings. Rent is reviewed annually to CPI and to market every 2 years.

Well situated adjacent to 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 4 allocated to the unit. Great mix of tenants proposed, including Optometrist, Thai, Chinese, Malaysian, Fish 'n' Chips and Indian Restaurant (with more under negotiation). An excellent opportunity here to secure this property that will be right 'fit' for your investment portfolio.
(* approx.)

Call Paula Raine 027 221 4997 for further information.

SOLD