Perfect Provincial Investment
• National brand tenant - Bay Betta Electrical
• Prime position in Katikati CBD
• Large retail premises with expansive frontage
• Long established home appliance tenancy
• Annual net rental $55,000 + GST
• Strong income earner investment
The property comprises of two freehold unit titles that have been combined to provide a medium sized open plan retail premises that is part of a larger five unit commercial complex.
The premises are located in the centre of the busy Katikati CBD having excellent profile to SH2 and exposure to huge daily traffic volumes passing through the town centre. Bay Betta Electrical are a strong regional home appliance retailer the Katikati business having a proven 15 year track record retailing from these premises and are the only major home appliance store in Katikati.
This is both a rare and affordable opportunity to purchase a quality retail investment with an excellent tenant and occupying a prime retail site in the tightly held mural town of Katikati.