Leasing

Leasing:- Now 85% leased

Floor sizes still available for lease range from 20 sq m to 100 sq m.
Two levels of premises are accessed from Drake Street.

There are 13 retail tenancies and 6 office/ Restaurant opportunities available
The small boutiques in the courtyards are being completely rebuilt with glass canopies to maximise light and weather protection.

The road frontage along Victoria Street West will have 12 new boutiques, accessed from the internal courtyards.

More boutiques will open in the final stage of the redevelopment, below the existing four-storey car park and accessed from the Victoria Street West road frontage.

For Sale

15 Million Dollars of shops and restaurants were sold prior to Christmas in the stage one sell down.

NOW AVAILABLE, FOR SALE ON UNIT TITLES IN A ONCE IN A LIFETIME OPPORTUNITY FROM AS LITTLE AS $280,000.
Many tenants and lessees are recognising the merits of owning their own premises in the current market, with the combination of low interest rates and higher than expected growth in inflation, making property ownership an attractive option. Investors too are welcome to make enquiries as to how to secure their tenure in the markets.

STAGE ONE UNITS SOLD DECEMBER 2011:

Platinum Sports Co SOLD
La Zeppa Restaurant SOLD
Argentinean Restaurant SOLD
Flying Burrito Restaurant SOLD
Indian Village Restaurant SOLD
Mozaik Cafe Bar SOLD
Matsu Sushi SOLD
Atico Restaurant SOLD
The Oak Room Bar + Tappas SOLD
Management Office SOLD

Now the Stage Two AUCTION sell down is underway with 12 prime retail tenancies from as little as $280,000 investors will be quick to see the merits of acquiring these stunning small investments at AUCTION 1 MARCH 2012 (IF NOT SOLD PRIOR).

Properties now available for auction on Thurs 1 March 2012 (IF NOT SOLD PRIOR)
At Level 4/ 50 KITCHENER STREET, CITY.

Gelato CA.1.01-41.28sqm - Term 6 years net rental $26,832
Souvenirs CA. 1.02 44sqm - Term 8 years net rental $28,000
Gifts BR.1.01a 36.93sqm - Term 6 years net rental $19,203
Antiques BR1.02a 19.64sqm - Term 4 years net rental $17,676
Honey Bee GR 1.01a 40.13sqm - Term 8 years net rental $36,117
Gifts GR1.01b 12.42sqm - Term 8 years net rental $12,420
Jeweler GR 1.02a 24.88sqm - Term 2 years net rental $18,660
Nails CB.1.01 59.75sqm - Term 8 years net rental $41,825
Make up CB.1.04, 6,7 66sqm - Term 8 years net rental $49,500
Sweets CB. 1.06b 22sqm - Term 8 years net rental $16,500
Vacant Shop CA.1.03 42sqm
Great NZ Shop WC.101 144.09sqm - Term 8 year net rental $72,005

PLUS MANY MORE TO CHOOSE FROM!
For Full information and an appointment to view PH:
Mary Anne Milloy 027 357 8477
Jack Downer 021527 478
Mark Stevens 021554 443

PROPERTY MANAGMENT, LEASING & SALES by BARFOOT & THOMPSON COMMERCIAL
Property Management + related property issues will be managed by Barfoot & Thompson to ensure a smooth handover and continued quality control of the development for all Investors.

WHY BUY?
1. FREEHOLD INVESTMENTS
2. AFORDABLE PRICING
3. LONG LEASE TERMS
4. QUALITY TENANTS

Key Information;
Property ID51647
SuburbCity Centre

All sales and leasing enquiry to:
0800 SALESVPM

Marie-Anne Molloy - 027 357 8477
m.molloy2@barfoot.co.nz

Mark Stevens - 021 554 443
m.stevens@barfoot.co.nz

Jack Downer - 021 527 478
j.downer@barfoot.co.nz

Click thumbnail to open floor plan