FreshChoice, Unit A2 in the Waimauku Shopping Village is a 1000m2 modern purpose built concrete supermarket, freehold, with General Distributors Ltd as the tenant. Current rental is $190,000 p.a plus GST and outgoings. Rent reviews to market every 3 years.
The current10 year lease commenced on the 1st of March 2008 with a further right of 2 x 5 years.
Final expiry is 30th of March 2028.
Waimauku Village is a new retail centre in the heart of Waimauku, 4 km's from Kumeu and North West of Auckland city. FreshChoice is the anchor tenant along with a medical center, super liquor, cafe, restaurant, hardware, take-away, DVD outlet among the retail shops and businesses with 2 residential apartments being built in the last 3 years. FreshChoice services the local community and surrounding area and Waimauku has a steadily increasing population.
This investment property will appeal to astute investors seeking to secure a long term strategic retail holding.

Please phone agent for further information and to discuss visiting the premises.