Tasty Investment Opportunity

highlights

Burger King Masterton provides an excellent high profile passive commercial investment in one of the best locations in this busy Wairarapa town. The restaurant was purpose built to Burger King specifications in 2011 with a 15 year lease in place to Burger King (Antares Restaurant Group Limited).
The freehold fee simple property is situated in a prominent high traffic location at the intersection of Chapel Street (SH2) and Lincoln Road and is within close proximity of McDonalds and several other fast food operators. The main shopping hub (Queen Street) is within easy walking distance.
With 9 years to run on the initial 15 year term and ongoing growth through Annual CPI rental adjustments, this is a tasty commercial investment that you’ll want to own.

Call the Joint Sole Agents now for an information memorandum

Features

• $236,809.43 + GST pa net rental

• Annual CPI rental growth

• 9 years to run on initial 15 year term

• Rights of renewal for 10 years and 5 years

• Purpose built by Burger King in 2011

• Freehold fee simple site of approx 1,950sqm (subject to survey)

contact

Carl Hastings Real Estate Agent

Carl Hastings

04 979 9310

021 403 502

04 472 2056

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property information

  • Property Type Retail/Showroom
  • Price Negotiation
  • Suburb Masterton
  • Land Size 1950 m2
  • Building Size 242 m2
  • Listing Number 3708819

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