This highly sought after retail investment is strategically positioned in the heart of Silverdale with Bulk Retail directly across the road. Silverdale Mall is only two minutes drive. The premises comprise 127m² rentable area + outdoor space and two car parks.
Tenanted by the Coffee Club, strong international brand • Returning $71,822pa nett + GST • 8 year lease commenced from February 2013 with 1 ROR of 8 years • Guaranteed annual rental growth with market review on renewal • High profile complex with huge traffic exposure - tenants in complex include Burgerfuel, Sal's Pizza , Nando's, Ray White, Westpac and ASB Bank.
The Coffee Club was first established in Brisbane in 1989, opened their first store in New Zealand in 2005, now having over 60 stores in New Zealand. The Coffee Club is about much more than just excellent Coffee, it offers a wide range of breakfast, lunch and dinner meals available at any time of the day.
The centre is well-positioned on the corner of Wainui Road and Silverdale St and is only minute drive to the Silverdale Mall. It serves well of the rapidly expanding population from Silverdale and Milwater area. With the government expenditure on the roading and infrastructure, Silverdale is now only 30 minutes drive from Auckland CBD.