This retail investment property is strategically positioned in a high-foot-traffic retail precinct, ensuring strong tenant demand and long-term investment security.
Investment Highlights
•Building: 177sqm (more or less), 92% NBS
•Land: 187sqm (more or less) freehold
•Rent: $96,793 pa + GST
•Review: 3% pa and market at renewal
•Tenant: Platypus Shoes Limited
•Guaranteed: by Accent Group Limited, Australasia’s leading footwear retailer with 800+ stores
Located in Whangarei’s top retail hub, this premium property enjoys high foot traffic and visibility. Leased to Platypus Shoes Limited, with a guarantee from Accent Group Ltd (Australasia’s leading footwear retailer with 800+ stores), it offers a secure and growing income stream.
Contact the sole agents:
Nigel Ingham
021 562 919
nigel.ingham@bayleys.co.nz
Daniel Sloper
021 022 10339
daniel.sloper@bayleys.co.nz
For sale by Deadline Private Treaty closing at 4pm, Wednesday, 16 April 2025 (unless sold prior).