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Waipapa

8 Klinac Lane, Waipapa, Far North

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4,497sqm Land area SQM
4,497sqm Floor area
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Secure income, now and into the future


- 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.


For Sale by Negotiation
Peter Gorton

Peter Gorton


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Steven McNally

Steven McNally


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Ward Kamo

Ward Kamo


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Catchment


Wealthy and growing catchment

Location


In one of New Zealand's strongest economic growth area

Opportunity


Rare retail investment opportunity

Tenant


100% occupied by New Zealand's top national retailer