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Massey

A5/1-3 Red Hills Road, Massey, Waitakere

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80sqm Floor area

Cash-flow Sushi - Investment on a platter


Always popular whether you are feeding a houseful or grabbing a quick and delicious bite to eat. Here is an opportunity to purchase a modern retail investment property in a busy and popular convenience centre with Nari Sushi as your tenant.

Having occupied the site since 2017, this sushi business has a long term lease with renewals and fixed rent reviews. The busy complex features double road access for customers and loads of parking for a quick and easy dash in and out.

Located in one of New Zealand's fastest growing locations, it is on the doorstep of Westgate and offers ease of access to the motorway networks, schools and a growing population.

Don't delay - call us now for full information and to arrange a site inspection

Natana Limited trading as Nari Sushi Massey
• Tenancy area: 80.09sqm (approximately)
• Initial lease terms: 8 years
• Commencement: 15/12/2017
• Rights of renewal: 2 x 4 years
• The right of renewal due 15/12/2025 has been exercised
• New renewal due: 15/12/2029
• Rent review: 2% fixed annually, market upon renewal
• Current rent: $41,797pa

Full documentation pertaining to this investment property can be accessed via propertyfiles.co.nz/1506492

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

12
Mar

Time11am
Calander
Calendar
Peta Laery

Peta Laery

Investment, Commercial and Development Sales

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Beterly Pan

Beterly Pan

Investment Sales and Leasing

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

Features

Lease


Long lease from 2017

Rent review


2% annual rent increases

Parking


Plenty of easy parking across the site

Opportunity


To buy some cash flow Sushi

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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