Spicy Investment

22/170, Wairau Road, Wairua Valley, North Shore City

Auction

Proposed Usage
Retail
Description:
Property ID
1btby93

- Located in the proven and established Wairau Junction retail complex
- Long term lease in place with tenant recently renewed for a further six years
- Generous carparking spaces - 155 shared car parks available on-site
- Neighbouring tenancies include Westpac, Coffee Club, Valentines, Pizza Hut and Pita Pit

This is a fantastic opportunity to secure a stratum in freehold retail unit in the popular Wairau Junction. This corner unit consists of 189sqm (approximately) of open plan retail area off Wairau Road. Wairau Junction comprises a total of 22 tenancies in the 4,800sqm (approximately) complex and is positioned on the corner of Wairau Road and View Road, offering multiple access points to the complex. Wairau Road is a main connector road to and from the Southern / Northern Motorways and has an average traffic count of over 30,000 vehicles per day.

Tenancy Details
Name of Tenant - Wairau Foods & Spices Limited
Term of Lease - Six (6) years from 1st February 2017
Rights of Renewal - One (1) further term of six (6) years
Net Rental - $55,500pa + GST and outgoings

Auction (unless sold prior)
11am, Wednesday 28th June 2017
Bayleys House, 30 Gaunt Street,
Auckland Central..

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Wairua Valley Area