270sqm
floor area
2,153sqm
land area
Seismic (NBS rating) | New Build (2024) |
A-grade | National tenant |
Growth | Annual CPI increases |
Exposure | Cornerstone site |
Your next investment has never looked so promising!
With KFC as anchor tenant occupying a freshly minted building your return is bolstered by a secondary income stream from an onsite cell tower.
Neighbours include the recently redeveloped Woolworths, McDonald's, Medical Centre and a soon to be Mitre 10 Mega.
As evidenced by the adjacent residential development activity, Wainuiomata has become one of the fastest growing suburbs in Lower Hutt making the locality a hive of activity with a bright future.
- New 10-year net lease to KFC
- New build - 2024
- Anchor tenant has 3% annual increases
- Net income - $163,777
Investments of this nature are rare, making this a compelling opportunity to secure a quality property, with built in rental growth, on a cornerstone site in the centre of this flourishing location.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/KFC_18thestrand
Licensed under the REA Act 2008
Mobile: +64 27 542 7603 |
Office: +64 4 499 6022 |
oliver.hourigan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 601 |
Office: +64 4 499 6022 |
ethan.hourigan@bayleys.co.nz |
270sqm
floor area
2,153sqm
land area
Seismic (NBS rating) | New Build (2024) |
A-grade | National tenant |
Growth | Annual CPI increases |
Exposure | Cornerstone site |
18 The Strand, Wainuiomata
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 542 7603 |
Office: +64 4 499 6022 |
oliver.hourigan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 601 |
Office: +64 4 499 6022 |
ethan.hourigan@bayleys.co.nz |
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