11/67 Auckland Road, Warkworth, Rodney

What a catch! High-yield investment

• Modern retail investment returning net $36,000pa + GST
• Tenanted by Fish Nets - a well-established fish and chip operator, since 2016
• Prime location within a high-traffic retail centre on State Highway 1
• Quality tenant mix includes McDonald's, BP, Domino's, Coffee Club, Tank Juice, Educare Childcare and St Pierres Sushi

An excellent opportunity to secure a well-positioned, affordable passive investment. This 60sqm unit is tenanted by Fish Nets, a long-standing operator offering a range of fish and chips, fried chicken, burgers and salads. The property comprises an existing 10-year lease with a further right of renewal. Benefitting from a six-month bank guarantee plus a personal guarantee, the current operator is experienced in the hospitality industry, with an already-established customer base having taken over the business in mid-2024.

Constructed in 2016, The Grange is the only convenience centre on State Highway 1 between Wellsford and Auckland. Strategically located at the southern entrance to Warkworth, the centre enjoys excellent exposure, easy access from both directions, and a strong mix of national tenants including McDonald's, BP, Domino's, Coffee Club, Tank Juice, Educare Childcare, and St Pierres Sushi. Warkworth, a key satellite town of Auckland, has been identified as a high-growth location with Auckland Council projecting a population of up to 30,000 residents over the next 30 years.