Beautiful Queenstown Investments

Unit 5&6/24, Hawthorne Drive, Frankton, Queenstown-Lakes

Price On Application

Proposed Usage
Retail
Floor Area
131.00 m²
Description:
Property ID
1brvdt7

JLL is delighted to present the sale of this prime investment unit.

.
Pre leased to quality tenants, Happy Valley honey and Napoli Street Pizza Restaurant, this is an investment which has already secured it's income.

.
* Located in the new Ramada Hotel development.
* Positioned in the heart of New Zealand's world renowned tourist location, Queenstown.
* Investment includes two separately leased units.

.
Lease summaries:
Unit five (5) -- Happy Valley Honey
* Term: Six (6) years
* Net rental: $42,000 plus GST pa
* ROR: Three (3) further terms of three (3) years.

.
Unit six (6) -- Napoli Street Pizza
* Term: Eight (8) years
* Net rental: $49,150 plus GST pa
* ROR: Two (2) further terms of four (4) years.

.
Contact us for more information on this exceptional opportunity.

Enquire about this property

Frankton Area