7B Factory Road, Waimauku, Rodney

Deadline Treaty by Deadline Sale closing 4pm 16 April 2025

200m²

Deliciously Affordable Investment

JLL offers to the market this very tidy, reliable investment property, situated within a highly successful retail centre anchored by a supermarket and medical centre.

Whether you are a first-time commercial buyer or simply adding to an existing portfolio this is an easy investment option to consider. The subject property is freehold, unit titled and is approx. 200 sqm in size with ample on-site shared car parking.

The property is tenanted by Thai Taste 2009 Limited, a local Thai food dine in restaurant and take aways that is well established and respected in this area. Tenancy is well fitted-out with large commercial kitchen and outdoor dining available at the back with rural outlook.

The tenant is currently paying rent of net $35,000 p.a.

Property is part of the local Waimauku Shopping Centre that services the lifestyle locals. The Thai Restaurant has a liquor license which makes it unique in this centre.

Affordable, one easy tenant, low maintenance, lease in place until 2029 with Personal Guarantees.

Vendors are motivated and looking for offers.

Sale by Deadline Sale, closing 4pm 16 April 2025 (unless sold prior).

• ‘Hands free’, straight forward commercial investment

• Well established tenant serving the local community

• Currently returning net $35,000 p.a.

• Tenancy circa 200 sqm plus ample on site common car parking

• Part of a successful Retail Centre completed early 2000s

• Surrounded by long term tenants such as supermarket, medical centre, real estate agents, liquor store, cafes etc

• Motivated vendors looking for offers

Additional details

Type

Retail

Property ID

350107

Listed on

18/03/2025