Available PropertyFiles:

/1. Information Memorandum/
- Information Memorandum_1C Hagley.pdf
/2. Seismic information/
- 25 Jan 22 Tottenham NBS letter_NZCEL.pdf
/3. Leases/
- Executed ATL - 1c Hagley Street - ReBurger.pdf
/4. Body Corporate/
- 01. Pre-contract Disclosure Statement.pdf
- Annual Notice of Levy.pdf
- Current Owner Account.pdf
/5. Final tender contract/
- FINAL Tender Agreement - 1C Hagley St.pdf

Property Description

Passive investors looking to secure a tidy commercial investment – look no further.

This well-appointed 100sqm restaurant is the new home of Reburger in Porirua, an established hospitality operator with 16 sites around the country. The 2023 net lease covers all outgoings, and the market and CPI growth metrics ensure continued returns for the fortunate owner.

The unit has been refurbished head to toe, including the installation of a commercial kitchen and a contemporary cosmetic makeover. The west-facing frontage enjoys excellent natural light and great profile onto Hagley Street with ample car parking options for customers and staff including one exclusive park to the rear. Seismic strengthening in 2022 resulted in the building achieving a rating of 75% NBS.

1c Hagley Street is located in central Porirua, surrounded by several large office complexes and a number of longstanding hospitality businesses including Nandos and Dominos Pizza.

This bite-sized investment ticks a lot of boxes – call now for more information.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Simon Butler

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022 021 128 9315 simon.butler@bayleys.co.nz All Listings

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