Secure income, now and into the future
8, Klinac Lane, Waipapa, Far North
Price On Application
- Proposed Usage
- Floor Area
- 4497.00 m²
- Land Area
- 4497.00 m²
- Property ID
- Rare retail investment opportunity
- 100% occupied by New Zealand's top national retailer
- Centrally located in one of New Zealand's strongest areas of economic growth
- Wealthy and growing primary catchment
This is the kind of quality retail investment that rarely comes to the market in the Northland Area. This purpose-built large-format retail tenancy has been occupied by The Warehouse since its completion in 2004, and offers ongoing secure income to its owner, as well as development opportunities further into the future.
The current single-tenant lease has slightly under six years remaining on the current term, with the likelihood of ongoing income from the rights of renewal held under the Deed of Lease.
This is an asset with opportunities in the future for further possible expansion and development, with a portion of the landholding remaining undeveloped.
To obtain a full information pack please register your interest here: http://www.propertyfiles.co.nz/property/1684160
For further information please contact Peter Gorton or Steven McNally.