Fruit and Vegetable Shop - Last Chance to Secure

- Final stage of sell-down of Wairau Junction, with 14 units sold in previous two stages\n- Tenanted by Produce Planet (Unit 15), returning a net rental of $95,000pa + GST\n- Floor area of 335sqm\n- 10 year lease from December 2013\n\nOffered to the market is the final stage of the sell-down of Wairau Junction, a modern refurbished retail complex on a high exposure corner site, well-positioned along one of North Shore's busiest roads. 14 units have already been sold through Bayleys, with these 6 units representing the last opportunity for investors to own a slice of this prime retail complex. \n\nThis popular Asian and European fruit and vegetable store complements other food tenancies in the centre, providing a\nconvenient stop for all produce needs. The lease is currently producing net annual rental income of $70,000 which will increase to $85,000 in December 2015 and then to $95,000 in December 2017.The tenant has two similar established stores in Devonport and St Johns.\n\nWairau Junction comprises a total of 22 tenancies in the 4,800sqm complex, which includes well-recognised tenants Westpac, Valentines, Coffee Club, Pizza Hut and Pita Pit. There are multiple access points to Wairau Junction and there is an abundance of parking, holding up to 155 cars. In addition, the building has a seismic rating of above 100% NBS. \n\nThis is the final opportunity to acquire an investment in Wairau Junction, enquire now before they are gone!\n\nFor Sale Details:\n* Unit 3, Nando's (Auction) \n* Unit 8, Adamar Office (Deadline Sale)\n* Unit 9, Lobi Hair (Auction)\n* Unit 12, CityFitness (Deadline Sale)\n* Unit 22, Wairau Foods and Spices (Deadline Sale)