• Popular modern restaurant situated on busy Triton Drive
• New six-year lease returning $66,000pa + GST and outgoings
• 164sqm (approximately) of freehold strata property
• Built-in CPI +2% rent reviews every two years
• Entrenched tenant in occupation since 2019
This retail investment opportunity boasts a spectacular 164sqm (approximately) unit situated in a strategic location on Triton Drive, a significant arterial thoroughfare adjoining Rosedale Road. The tenancy is currently leased by the esteemed international enterprise, Dagu Rice Noodle, the most renowned rice noodle bowl restaurant chain in China, with three other thriving stores operating throughout Auckland.
Architecturally designed to the highest standard, the unit includes convenient on-site car parking and enjoys an excellent road front profile to Triton Drive. Neighbouring tenants within the fully-occupied nine-unit block comprise national brands such as Icebreaker, Città, and The Gateau House.
Located only a few minutes drive away from the Greville Road and Constellation Drive motorway on/off ramps, this property also benefits from its close proximity, only 200m, to the new $70m Rosedale bus station under construction, which links with the Northern Expressway.