Mangere East
389 Massey Road, Mangere East, Manukau
+11
Finger lickin' good - KFC on ten-year lease
• Brand-new retail investment with new 10 year lease to Restaurant Brands
• Returning $205,000pa + GST with fixed growth throughout the lease
• High-profile location in established residential and commercial catchment
• A tasty investment for the bottom drawer
A brand new hands-off investment that ticks all the boxes. Comprising a high profile KFC dine in and drive through restaurant on a main thoroughfare, the property benefits from a new 10-year lease with fixed rental growth throughout the lease.
Underpinned by a high profile 1,534sqm freehold land holding zoned Business - Local Centre, the site is positioned in an established residential catchment with intensive residential development in the local area plus offers proximity to Woolworths and other retailers in Mangere East Village with ease of accessibility to the southwestern motorway.
A rare opportunity to secure a brand new asset of this quality. Grab this one while it's hot and fresh - call now for further information.
Alan Haydock
021 532 121
Geoff Wyatt
021 982 322
Damien Bullick
022 420 6845
Alan Haydock
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Geoff Wyatt
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Damien Bullick
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Lease term
Brand-new retail investment with new 10 year lease to Restaurant Brands
Passing income
Returning $205,000pa + GST with fixed growth throughout the lease
Location
High-profile location in established residential and commercial catchment
Opportunity
A tasty investment for the bottom drawer
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