78-80 Marsden Road Paihia | Barfoot & Thompson

78-80 Marsden Road, Paihia

For Sale $2,000,000Plus GST (if any)

7% Return On Asking Price

In the heart of Paihia's vibrant town, this waterfront building is part of a boutique retail area that attracts excellent foot traffic. The building overlooking the water has great exposure through prominent waterfront street frontage.

The new breakwaters and beach earmarked to be immediately in front of the building will be of benefit to the whole Paihia CBD. Read NZ article https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12352223
Net rent $140,000 + outgoings + gst pa

* Established tenant - Greens Restaurant (They own multiple businesses)
* Successful and popular restaurant with locals & Tourists alike
* Attractive lease terms & conditions
* Tightly-held CBD location
* Tenant has recently renovated their fit out and acquired more restaurant space in the adjacent building

Enquire for the tenancy details and more information.

Property details

78-80 Marsden Road, Paihia
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