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SECURE LONG TERM LEASE WITH ICONIC NATIONAL BRAND

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Property Summary

Price: Negotiation plus GST (if any)
Location: Unit 1, 575 Don Buck Road, Westgate, New Zealand
Type: Commercial & Industrial Retail to Buy
Floor: 506m²
Listing No. 74785

Property Description

Westgate is a rapidly growing district of Auckland. After 56 hectares of commercial and residential land was re-zoned under the new Auckland Unitary Plan the suburb has exploded, especially with commercial development.

Located near the intersection of Fred Taylor Drive and Don Buck Road, is this newly built retail development. Workmanship on the development is high, and this is reflected by the quality tenant who has leased the current offering at Unit 1, 575 Don Buck Road, Lone Star Restaurant. The unit is 506m² and has access to common car parks adjacent to the unit.

Lone Star Restaurants are a iconic national restaurant brand who boast 28 restaurants throughout New Zealand. With a strong brand as tenant, coupled with an initial term of 12 years, this unit offers a long term, secure investment, which, not only services the surrounding Royal Heights and Massey areas but will, in the future, service what will become the large residential catchment of Westgate.

KEY FEATURES: * 506m² retail unit * Secure tenancy with national known brand * Located near the new Westgate development * Returning over $220,000 per annum * Call the Sole Agents for an information pack

Features

Location map

Map location deemed reliable but not guaranteed.

Contact Details

Bruce Jiao
w. 093597881
m. 021818077
Gary Seekup
w. 093597880
m. 0272269880

Barfoot & Thompson Ltd (Licensed: REAA 2008) - North Shore
p. 094893880
f. 094893884

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