129 Thorndon Quay, Wellington Central, Wellington

Lightening-hot investment

Attention passive investors, this property ticks all the boxes for you as a bottom draw strategic investment.
The tenant Lighting Direct has been in business for over 47 years, has 24 outlets
nationwide.
A new ten year lease, add in annual growth and you have an investment well deserving of being in the spotlight on centre stage. Thorndon Quay is the golden mile to home and living stores, making it perfect for this tenant and as a passive investment.

To obtain copies of all supplementary documents please register your details at
www.propertyfiles.co.nz/129ThorndonQuay

• New 10 year lease from October 2020 to Lighting Direct
• Net income of $165,375pa + GST
• Annual rental increases plus market reviews
• A smart generic showroom that was refurbished and strengthening to 80% NBS in 2014