Healthy tenanted investment


12-16 Brigade Road, Mangere

Private Treaty

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Healthy tenanted investment | 12-16 Brigade Road, Mangere | 1902007 |      X Close
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Healthy tenanted investment


• Iconic household tenant "My Food Bag"

• Nine year lease commenced October 2017 returning $802,067.50 (net pa) + GST with fixed rental growth

• Growth market in the supply of healthy foods to New Zealand homes

• Well-appointed 4,610sqm road front building on large 1.0491ha freehold site

Located within the popular Airport Oaks area, the property commands a significant footprint with expansion potential. This offering provides long-term investors, a rare opportunity to purchase a well-engineered building with a good track record for perishable food handling capacity. Fully refurbished in 2017, with its lease conditions placing responsibility for all maintenance and repair of the fit out upon the Tenant, this is a hassle-free bottom-drawer investment for the next owner.

Call the sole agents.

Scott Campbell

021 414 107

scott.campbell@bayleys.co.nz

Jamsheed Sidhwa

021 554 657

jamsheed.sidhwa@bayleys.co.nz

James Hill

021 599 529

james.hill@bayleys.co.nz