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Sold Property
m2
Isaac Tankard harcourts North Shore
Hussein Kubba Harcourts Takapuna
Secure this exciting tenanted investment in Wairau Valley, leased as the head office, food manufacturing facility and warehouse to WUCHA.
The tenant operates a successful bubble tea business with 11 stores in Auckland and 4 stores throughout New Zealand.
A new 5-year lease from February 2022 plus further 3 x 5 year rights of renewal with a mixture of market and CPI rent reviews.
This is the only unit in this popular complex to have consent for food manufacturing. It is available for sale for the first time in nearly 20 years!
The property has a total floor area of 416.5 m² (approx.) with 2 commercial kitchens, warehousing, mezzanine storage and office space and 7 allocated car parking spaces.
Investment Features:
- Returning $65,000 + GST + outgoings
- National business with 15 stores throughout NZ
- Food grade premises
- New 4 x 5 Years Lease as of February 2022
- Premises recently refurbished
- Extensive Landlord chattel list included in sale
This is an opportunity you don't want to miss.
Contact the listing agents today for further information about this opportunity.
Download further Due Diligence details here: https://www.harcourtsfiles.co.nz/listings/W7E3
Property ID: #NSC38378
Office
Licensed under REAA 2008
m2
Sold Property
Secure this exciting tenanted investment in Wairau Valley, leased as the head office, food manufacturing facility and warehouse to WUCHA.
The tenant operates a successful bubble tea business with 11 stores in Auckland and 4 stores throughout New Zealand.
A new 5-year lease from February 2022 plus further 3 x 5 year rights of renewal with a mixture of market and CPI rent reviews.
This is the only unit in this popular complex to have consent for food manufacturing. It is available for sale for the first time in nearly 20 years!
The property has a total floor area of 416.5 m² (approx.) with 2 commercial kitchens, warehousing, mezzanine storage and office space and 7 allocated car parking spaces.
Investment Features:
- Returning $65,000 + GST + outgoings
- National business with 15 stores throughout NZ
- Food grade premises
- New 4 x 5 Years Lease as of February 2022
- Premises recently refurbished
- Extensive Landlord chattel list included in sale
This is an opportunity you don't want to miss.
Contact the listing agents today for further information about this opportunity.
Download further Due Diligence details here: https://www.harcourtsfiles.co.nz/listings/W7E3
Property ID: #NSC38378
Isaac Tankard harcourts North Shore
Hussein Kubba Harcourts Takapuna
Office harcourts North Shore Licensed under REAA 2008
Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?
$1,358,500 159 Kitchener Road, Milford, Auckland
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