A2/1-3 Red Hills Road, Massey, Waitakere

Delicious bite-sized tenanted retail investment.

Unit A2, Phoenix BBQ Eatery: a well-established business serving a range of delicious food at reasonable prices.

Located in a modern convenience retail development in the Auckland suburb of Massey, the property enjoys ease of access with a wide street frontage, two driveways and plenty of parking for guests.

With a large and growing customer base on the doorstep, it is easy to see why the complex and the tenant have been performing well. The lease has been in place since 2017 and provides for fixed annual increases. This ensures it is an easy and straightforward investment property.

Investors - if you are looking to expand your asset base, or if this is your first commercial investment do not hesitate, call us now to discuss how you can buy this property.

MSX Restaurant Ltd trading as Phoenix BBQ Eatery
• Tenancy area: 113.78sqm (approximately)
• Initial lease term: 10 years
• Commencement: 15/12/2017
• Rights of renewal: 2% fixed annually, market upon renewal
• New renewal due: 15/12/2027
• Current rent: $51,252pa

Full documentation pertaining to this investment property can be accessed via propertyfiles.co.nz/1506486