TASTY INVESTMENT OPPORTUNITY
49, Chapel Street, Masterton, Masterton
- Proposed Usage
- Floor Area
- 242.00 m²
- Property ID
Enquire about this property
Burger King Masterton provides an excellent high profile passive commercial investment in one of the best locations in this busy Wairarapa town. The restaurant was purpose built to Burger King specifications in 2011 with a 15 year lease in place to Burger King (Antares Restaurant Group Limited).
The freehold fee simple property is situated in a prominent high traffic location at the intersection of Chapel Street (SH2) and Lincoln Road and is within close proximity of McDonalds and several other fast food operators. The main shopping hub (Queen Street) is within easy walking distance.
With 9 years to run on the initial 15 year term and ongoing growth through Annual CPI rental adjustments, this is a tasty commercial investment that you’ll want to own. Call the Joint Sole Agents now for an information memorandum
For Sale by Tender closing 2pm Thursday 27th July 2017 (Unless sold prior)