 Award Winning Investment – New 8 Year Lease! Returning $129,092 pa net + GST | New 8 year lease to ‘The Engine Room’ | 503sqm corner freehold title |
The OpportunityPositioned on a prime freehold corner site, in a highly sought after location, is this passive investment opportunity featuring a longstanding, award winning tenant - ‘The Engine Room’.
Features This investment really does tick all of the boxes! Don’t miss out – call the Sole Agents now for further information. |
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Highlights |
 Popular award winning restaurantThe Engine Room was established in 2006 by two highly experienced restaurateurs who still own and operate the restaurant today. Consistently voted one of Auckland’s top eateries, the popular business has benefited from an institutional style following since conception. Since acquisition in 2013, the property has been extended and fully refurbished to an exceptional standard by Fearon Hay Architects. |
 Returning $129,092 pa net + GSTReturning $129,092 pa net + GST, the offering features a new 8 year lease term with further rights of renewal and regular market rent reviews. The 290sqm building is positioned on a Business – Neighbourhood Centre zoned, 503sqm corner site, in the tightly held commercial precinct of Northcote Point which features popular local cafes and Bridgeway Cinema. |
The Agents |
Location |
Sales ProcessAsking Price of $3,100,000 + GST |
Enquire |
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