Key features:
- New four (4) year lease
- Returning $46,800pa plus GST and outgoings
- Established South Indian Bistro, Bar and takeaway
- Good car parking at the rear, on roadside and council park opposite
Part of a three-level mixed use development, Unit A3, 136 Chapel Road consists of 106sqm (more or less) net lettable area in a highly trafficked Flat Bush convenience centre. Well located amongst established tenants including a superette, bakery, dentist, and medical centre, the property is well supported by recent residential developments completed to support the growing residential catchment.
Returning $46,800pa plus GST and outgoings, the property is tenanted to Maya's South Indian Bistro on a new four year lease commencing October 2020 and is supported by rights of renewal until 2030 and built in rental growth. Perfect for entry level investors, Unit A3, 136 Chapel Road is not one to be missed.
For more information please contact:
Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz