Lessor's interest - the perfect passive investment
The ultimate passive investment - lessor's interest
Ground lessor's interest in 2,870sqm high-profile site on main thoroughfare
Ground rent income of $139,500 + GST p.a. with five-yearly reviews
Well-established lessee - Kiwi Fuels Limited trading as Waitomo
A unique opportunity to secure the lessor's interest in a high-profile position, surrounded by other national and international retailers. The property benefits from a recently commenced ground lease to Kiwi Fuels Limited trading as Waitomo, one of New Zealand's biggest independent fuel suppliers. The property returns $139,500 + GST with five-yearly rent reviews.
Underpinned by a 2,870sqm corner site landholding, the ground lease structure presents a perfect opportunity for passive investors and land bankers looking to secure a prime site with consistent hands-off income.
Passive investments of this quality seldom become available in the current market, so invest and relax!
Call now for further information;
Damien Bullick
022 420 6845
Mark Slade
027 498 8911
Alan Haydock
021 532 121