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This listing has been verified for accuracy and validity by the listing broker.
International Tenant on Corner Site, Inglewood, Taranaki, New Zealand

Bedrooms

Bathrooms

Square Footage

sqft

Highlights

Situated on the corner of Rata and Rimu Street in Inglewood, 40 Rata Street is now available.Housing an international franchise, Subway, with a very good lease and with recent full refurbishment.Seismic work has been completed, new roof, extensive internal work plus full paint job and of course a very attractive lease.At present the net rent is $22,920 per annum, with 2 yearly CPI rent reviews in place and market reviews on renewal. Final expiry will be 2037.The property sits on Library lease land, with the tenant paying all outgoings including the ground lease.This site is high profile and is an excellent opportunity to get into the commercial market at a very affordable level.Best Offers In By 4pm Friday 3 October 2025 (unless sold prior)For a full IM and further information, call today.

Overview

Property Type: House

Year Built:

Renovation Year:

Stories:

Property Taxes (Previous Year):

Off Market: No

Bedrooms:

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Parking Spaces:

Lot Size: sqm

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