BRAND NEW RETAIL - VIVO HAIR & BEAUTY AS TENANT

22A and 22B/67, Auckland Road, Warkworth, Rodney

Auction

Proposed Usage
Retail
Description:
Property ID
1bz7n8x

- Brand new opportunity situated in high profile complex located along State Highway 1
- Tenanted by Vivo Hair & Beauty with a new 8 year lease
- Returning $49,100pa + GST, with annual 3% fixed rental increase
- Tenants in complex include McDonald's, BP, Domino's, Coffee Club, Tank Juice, Educare Childcare and St Pierre's Sushi
An excellent investment property for sale in The Grange retail convenience centre. Following the sell-down of Stages 1, 2, 3 and 4, this offering comprising Vivo Hair & Beauty, an established and well-regarded salon brand founded in 2010 now with 20 salons across Auckland and 58 across New Zealand - and a reported customer base of over 55,000 customers. The Grange is the sole centre along State Highway 1 travelling south between Wellsford and Auckland. The centre is well-positioned at the entrance to Warkworth with ease of access from both sides of the road, and is surrounded by residential developments of approximately 200 houses under construction or scheduled for construction. A major growth location, Warkworth is projected to increase to a population of 20,000 over the next 30 years..

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Warkworth Area