This property sits at the entrance to the main shopping centre providing maximum exposure for its tenants. It is home to 7 tenants including Bindons, Mancave, Liqour World, Bay of Islands Veterinary Services, Stihl Shop, Home at Last and Cervus (John Deere). Total rent $326,765.81 + GST + outgoings with a $6,000 pre-determined increase in January 2017 for one tenant.

The modern tilt slab construction property has an approximate total floor area of 2,126m² and total land area of 7,530m². The tenants share a large sealed parking area. Waipapa shopping centre and industrial zone is located 7km out of Kerikeri and is home to many national tenants such as the Warehouse and Noel Leeming. Kerikeri is approximately 3 hours north of Auckland and is the commercial hub of the Far North.

This is a must view for investors looking for a strong yield, modern construction, multiple tenancy property in a growing commercial/industrial area of an affluent town.

Call Hayden Clarke, the commercial specialist, now for a full auction pack.