• Two retail shops offering serious add value potential, invest or part occupy

• Tenancy A: 120sqm tenanted by well-known retailer, Black Pepper, returning net $44,225pa + GST
• Tenancy B: 68sqm vacant shop
• Excellent central high exposure location inside Royal Oak Shopping Mall and facing the main entrance
• 71% NBS earthquake rating

The opportunity consists of two high-profile shops with extensive mall frontage, a corner property situated in the foyer at the main entrance of the mall. Tenancy A comprise Black Pepper, a female clothing chain with close to 120 stores across New Zealand & Australia - Black Pepper has had a long-term presence in the Mall, and underwent a major renovation in 2016. Tenancy B comprises a 68sqm shop (with existing plumbing at rear), vacant in October 2020.

A clear order to sell from the overseas owner and inviting interest well below the GV of $780,000 - this represents an add value or part owner occupier opportunity that cannot be ignored.