50 Northcote Road, Northcote Twice as nice - 10 Year Lease to Restaurant Brands

Available PropertyFiles:

  • /A. Record of Title/
    • title_NA34D_85.pdf
  • /B. Lease Docuements/
    • DOL (Draft) - Northcote Rd, 50.pdf
  • /C. Other Reports/
    • Floor Areas - Northcote Rd, 50.pdf
    • LUC60444603 Approved Architectural Plans.pdf
    • Site Plan - Northcote Rd, 50.pdf
    • Tender COS - Northcote Rd, 50.pdf

Property Description

• Brand new retail investment property - Combination KFC and Taco Bell
• New 10-year lease to Restaurant Brands returning $330,000 pa + GST
• High profile 1,849sqm site zoned Business - Mixed Use
• Proven location and surrounded by established residential catchment
• Hands-off investment with unbeatable tenant covenant

A brand-new hands-off investment in a strategic and established location. Comprising a high-profile combination KFC dine in and drive through Taco Bell restaurant on a main thoroughfare, the property benefits from a new ten-year lease to Restaurant Brands, with fixed rental growth throughout the lease.

Underpinned by a high-profile 1,849sqm (more or less) freehold land holding zoned Business - Mixed Use, the site is positioned on a main thoroughfare, offering excellent exposure to traffic movements throughout the day.

Brand new investments of this calibre seldom become available to the market, particularly in such strategic locations. Don't miss this one.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate 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.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.


Contact Damien Bullick

Bayleys Real Estate Limited

Bayleys Auckland Central

022 420 6845   damien.bullick@bayleys.co.nz   All Listings

Damien Bullick has been working in commercial real estate for ten years. He is a Commercial Sales agent with Bayleys Real Estate Limited and has a primary focus on investment and development property in Auckland Metropolitan area.

Damien’s passion for people and property has enabled him to achieve fantastic results for his vendors. Having previously held a position as a Commercial Marketing Manager for Bayleys Realty Group, Damien specialises in the on-market promotion of city fringe commercial and development property by Tender and Auction. Damien is consistently ranked in the top 10% of Bayleys Nationwide Commercial agents.

Damien has also worked in London for Christies International Real Estate, with a focus on the marketing of property around Europe. Damien has a Bachelor of Management Studies from the University of Waikato, majoring in Finance and Strategic Management.