High yield retail investment

F5/153, Broadway, Newmarket, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
53.17 m²
Description:
Property ID
1c1ffr0

Brand new 4 year lease with 3 x 4 year ROR's

This is a brand new, 4 year lease, with renewal periods of 4 years each, returning $53,645 + GST & outgoings. The new lease commenced 13th March 2018. The tenancy is part of an established food court within the Rialto Centre, 153 Broadway, Newmarket.
Got Sushi Ltd, the new tenant, will continue supplying sushi to the loyal customers of Fuki Sushi, the previous tenant, who traded from this same tenancy for the past 20 years. That is right, 20 years! Our realistic vendor, like Fuki Sushi, is also looking to move on which presents this attractive retail investment opportunity. New Lease, new tenant, new landlord..

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Newmarket Area