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Wainuiomata

18 The Strand, Wainuiomata, Lower Hutt

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2,153sqm Land area SQM
270sqm Floor area

Finger licking good investment


Your next investment has never looked so promising!

With KFC as anchor tenant occupying a freshly minted building your return is bolstered by a secondary income stream from an onsite cell tower.

Neighbours include the recently redeveloped Woolworths, McDonald's, Medical Centre and a soon to be Mitre 10 Mega.

As evidenced by the adjacent residential development activity, Wainuiomata has become one of the fastest growing suburbs in Lower Hutt making the locality a hive of activity with a bright future.

- New 10-year net lease to KFC
- New build - 2024
- Anchor tenant has 3% annual increases
- Net income - $163,777

Investments of this nature are rare, making this a compelling opportunity to secure a quality property, with built in rental growth, on a cornerstone site in the centre of this flourishing location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/KFC_18thestrand

For Sale by Deadline Private Treaty
(unless sold prior)

Level 14, The Bayleys Building, 36 Brandon Street, Wellington, 6011

5
Nov

Time4pm
Calander
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Oliver Hourigan

Oliver Hourigan

Commercial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Ethan Hourigan

Ethan Hourigan

Commercial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Seismic (NBS rating)


New Build (2024)

A-grade


National tenant

Growth


Annual CPI increases

Exposure


Cornerstone site