Phoenix Drive, Whakatane

This investment has a single tenant, Bunnings Whakatane. Opposite another investment, The Hub, this property is in a location that is growing in both commercial and residential size. This investment is entering it’s sixth year and continuing to provide a stable return for investors.

11%

pa

Cash return pre-tax, paid monthly

Purchase Price: $7,415,000

Purchased on 29 February 2012

Return: 11%

Tenant: Bunnings