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Otahuhu

135 Atkinson Avenue, Otahuhu, Auckland

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379sqm Land area SQM
306sqm Floor area

Tasty freehold - proven returns


• Established national brand of Kokodak Chicken with 18 stores across New Zealand
• Brand-new six-year lease returning net $105,000pa + GST
• Fixed 3% annual increase
• Extensively refurbished retail, commercial kitchen and high-stud warehouse
• Excellent freehold investment at a high-profile location

An outstanding opportunity to secure a freehold commercial investment in the heart of Otahuhu, underpinned by a strong national tenant - Kokodak Chicken, one of New Zealand's fastest-growing Korean fried chicken brands with 18 stores nationwide.

The property is leased on a brand-new six-year term with rights of renewal, returning net $105,000pa + GST, with fixed annual rent increases of 3%, ensuring solid income growth and long-term stability.

The freehold property has been extensively refurbished, featuring a beautifully presented retail frontage, a spacious modern commercial kitchen, high-stud warehouse for storage, and onsite customer parking.

With road frontage exposure, this is truly an exceptional investment offering long-term security and growth, supported by a reputable national tenant.

For Sale by Deadline Private Treaty
(unless sold prior)

1/48 Maki Street, North West Shopping Centre, Westgate

11
Dec

Time4pm
Calander
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Beterly Pan

Beterly Pan

Investment Sales and Leasing

Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Tony Chaudhary

Tony Chaudhary

Retail, Investment and Industrial Sales

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Sanjay Vaziranni

Sanjay Vaziranni

Retail, Commercial and Industrial Sales and Leasing

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

Features

Anchor tenants


Established national brand of Kokodak Chicken with 18 stores across New Zealand

Lease


Brand-new six-year lease returning net $105,000pa + GST

Amenities


Extensively refurbished retail, commercial kitchen and high-stud warehouse

Available


Excellent freehold investment at a high-profile location

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