Available PropertyFiles:

/1. Information Memorandum/
- Jarden Mile,31_Information Memorandum.pdf
/2. Leases/
- Deed of Lease_CSS_29Apr22_EXECUTED_.pdf
- Deed of Lease_WGD_27Jun22_EXECUTED1.pdf
- Lease_Spark_27Jan12_Expires 2043_.pdf
- Spark_DeedofRenewal_2019 to 2025.pdf
- Tenancy Schedule_Jarden Mile 31_4Jul22.pdf
/3. Insurance/
- Insurance_2022-23 Policy.pdf
/4. Title/
- title_31 Jarden Mile.pdf
/5. Seismic/
- 14916_Budget Estimate 31 Jarden Mile Budget Estimate - Seismic Works_31072022.pdf
- IEP_EQStruc_31 JardenMile_45%NBS.pdf
/6. Auction Contract/
- Auction Agreement_31 Jarden Mile, Ngauranga_FINAL.pdf

Property Description

• Well entrenched, secure tenants
• High profile, popular location
• Ideal passive investment with fixed rental increases
• Returning approx. $133,000 net per annum + GST
Positioned in the cul-de-sac at Jarden Mile, while maintaining a high profile position seen from the Ngauranga interchange, this is a property that is ideal for those looking for a bottom drawer solid passive investment.
Combined Salon Supplies, Wellington Garage Doors and a Spark Cell Tower hold firm long term leases and have jointly occupied this site for over 15 years.
Rarely do you find an investment of this size with a strong tenant covenants, located in such a prime location. This property should not be overlooked.

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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 Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022 +64 21 328 138 fraser.press@bayleys.co.nz All Listings

Contact Bhakti Mistry