Realestateforsalebayofplenty

The ultimate passive investment - lessor's interest Ground lessor's interest in 2,870sqm high-profile site on main thoroughfare Ground rent income of $139,500 + GST p.a. with five-yearly reviews Well-established lessee - Kiwi Fuels Limited trading as Waitomo A unique opportunity to secure the lessor's interest in a high-profile position, surrounded by other national and international retailers. The property benefits from a recently commenced ground lease to Kiwi Fuels Limited trading as Waitomo, one of New Zealand's biggest independent fuel suppliers. The property returns $139,500 + GST with five-yearly rent reviews. Underpinned by a 2,870sqm corner site landholding, the ground lease structure presents a perfect opportunity for passive investors and land bankers looking to secure a prime site with consistent hands-off income. Passive investments of this quality seldom become available in the current market, so invest and relax! Call now for further information; Damien Bullick 022 420 6845 Mark Slade 027 498 8911 Alan Haydock 021 532 121