6 + 6 + 6 years bar and restaurant investment


Unit 1/317 Ti Rakau Drive, Burswood

Asking Price NZD $2,280,000 + GST (if any)

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6 + 6 + 6 years bar and restaurant investment | Unit 1/317 Ti Rakau Drive, Burswood | 1695573 |      X Close
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Description

6 + 6 + 6 years bar and restaurant investment


β€’ Unbeatable street exposure on bustling Ti Rakau Drive

β€’ Bar and restaurant tenant returning approximately $174,240.00pa

β€’ TAB racing & sports betting and gaming machines on site

β€’ Superb opportunity for investors

β€’ Ample of common parking

570sqm (more or less) of tenanted hospitality investment positioned on bustling Ti Rakau Drive in East Tamaki, East Auckland. Surrounded by a who's who of national retailers including Bunnings Warehouse, Warehouse Stationary, Auckland Marine, Target Furniture along with other food & beverage restaurant such as Genghis Khan. This unit certainly enjoys high volume of motor vehicle daily traffic. The strategic location is proximity to a vast range of community amenities and its connectivity to neighbouring commercial and residential catchment. Only less than 5 minutes drive to/from Botany Town Centre as well as other large format retailers including but not limited to Countdown, Kmart, Pak'nSave, The Warehouse in the area.

Tenancy Details

The current tenant - β€œHeadin' Home Bar and Grill” not only offers food and beverages but also provide TAB racing & sports betting and gaming machines on site, providing a good holding income of approximately $174,240.00pa Further details are available upon request.