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Bay View, 428 Main North Road

Investment Opportunity - Next Best Thing To OIL

Price on Application

Listing Number: NA5558
About this listing
Own the Z Truck Stop at Bayview, sit back and relax with a substantial lease, with a substantial tenant.

Self-serve, diesel only "Truck Stop" workshop and the Flat upstairs (ALL Leased out to Z Energy), can it be any easier.

Plus, a very good return on your investment.
Property Information
  • Approx Floor Area: 320 sqm
  • Land Size: 1980 sqm
  • Land area
    • Yard Square Metres: 1380
  • Tenure: Fee Simple
  • OPEX $: +
  • Property Type: Other, Retail, Tenanted Investment
  • Approx Floor Area
    • Office Square Metres: 14
    • Showroom Square Metres: 27
    • Warehouse Square Metres: 279
    • Canopy Square Metres: 180
  • Tenancy 1: Area Sqm: 1980, Commencement Date: 2016-10-01T00:00:00.0000000, Expiry Date: 2026-09-30T00:00:00.0000000, Rental net/gross p.a.: $62,186 + CPI to 30/06 increase as at 1/10/16., Review Dates: 1/10/16, 01/10/21, + 3 years out clause 3.09.19 if required, Rights of Renewal: 1 term of 5 years, Tenant Name: Z Truck Stop, Term (years): 5

Contact Details

Napier

Regent Realty Ltd

Licensed REAA 2008

308 Hastings Street
Napier South
Napier
Office website

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