The land and buildings housing one of Otago's best known family entertainment and hospitality hubs boasts a long list of positive attributes likely to inspire a broad audience. Offering 1,538sqm of well-presented restaurant, bar, gaming room, ten pin bowling alley, combat laser tag arena, and on-site car parking with dual access. This is a truly unique opportunity to secure a prominent, 4,164sqm corner site in Oamaru. The Galleon Family Complex is prominently located on State Highway 1.
Key features:
- Prime location on State Highway 1
- Six-year lease to Morris Investments (long-term tenant)
- Annual CPI rental reviews
- Yield 7.20% Net
- Excellent on-site parking with dual access
Tenancy Details
Six (6) year lease returning $178,559.46pa + GST and outgoings. There is also an Agreement for Hire of Chattels: $15,000pa + GST. Full tenancy details are available upon request.
Call now for further details and viewing arrangements.
Agent details:
Muir Gold
027 433 6989
Kurt Snook
027 256 0449
