45 Jackson Street, Petone

With Countdown as the anchor tenant, this property also has 5 other retail/specialty stores. Located in Petone, Wellington, an expanding area of Wellington, the property is fully tenanted and provides a consistent return for investors.
Petone

8%

pa

Cash return pre-tax, paid monthly

Purchase Price: $22,275,000

Purchased on 27 August 2014

Return: 8%

Current tenant: Countdown, St Pierre’s Sushi, Pita Pit, Spice Traders, Yummy Delights, Westpac New Zealand.