• Prime retail unit of 120sqm (approximately) with prominent frontage
• Well-established tenant, The Poi Room, in occupation since 2007 and the longest serving business on Osborne Street
• Renewed four-year lease returning net $90,915pa + GST
• Located along the popular high-end boutique fashion precinct on Osborne Street
An opportunity for all astute investors to be considered, a renewed four-year lease to the longest-serving business on Osborne Street. 17 Osborne Street represents a "hands-off" passive investment tenanted by The Poi Room, a New-Zealand art and jewellery gallery established in 2007 specialising in offering locally-made products locally and offshore.
Osborne Street, together with the adjacent intersecting streets, represents Newmarket's core of fashion and luxury. Home to many of New Zealand's top designers, retailers and hospitality including Deadly Ponies, Elle + Riley, Juliette Hogan, I Love Ugly, Nicole Rebstock and Yu Mei, the area provides a unique consumer experience that can only be found in this district.
You will be hard-pressed to find investments of this nature, these rarely come onto the market.
