Modern and fully leased freehold retail investment

Established national tenant of nine years, has just renewed for six more years

Attractive cash flow of $282,477.39 + GST p.a. with notable guarantor in place

Simply sit back and enjoy the cash flow

This straight forward retail investment opportunity forms part of the busy Lincoln North Shopping Centre which houses a number of well known tenants including KFC, Pizza Hutt, ANZ, BNZ, Westpac...the list goes on. It is a proven retail location with massive profile to Lincoln Road and Universal Drive and centered within a major residential growth location.

Animates has been in operation for fourteen years following the opening their first store in Christchurch in 1996. Today, they have 31 locations throughout New Zealand and the company is recognised as one of the petstore leaders with many, including the Lincoln North outlet, offering veterinarian services. For more, see www.animates.co.nz

Greencross Limited owns a 50% interest in Animates in a joint venture with Ebos Group Limited, a NZX listed healthcare and animal care provider.

Greencross is an Australasian pet care retailer with over 200 stores, operating under the brand names of Petbarn and City Farmers in Australia and Animates in New Zealand. In addition to selling pet food and accessories Greencross offers a wide range of pet services including grooming, dog washing, obedience training and pet adoption. For more, see http://www.greencrosslimited.com.au/About/Greencross-Limited.aspx

EBOS Group is the largest and most diversified Australasian marketer, wholesaler and distributor of healthcare, medical and pharmaceutical products. It is also a leading Australasian animal care products marketer and distributor. With more than 2,400 employees in 42 locations acr