Purchase Price: $25,500,000
Purchased on 16 August 2013
Tenants: Harvey Norman; Kmart; Farmers; Briscoes; Columbus Coffee; Rebel Sport; No. 1 Shoe Warehouse, Flex Fitness
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State Highway 30, The Hub, Whakatane
Situated adjacent to another syndicated property, this open style mall contains multiple tenants and has become a destination in Whakatane. This area has experienced significant growth in development of both residential and commercial properties. The Hub Whakatane continues to provide investors with a quality return.
8.5%
pa
Cash return pre-tax, paid monthly