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.
Hub

9.75%

pa

Cash return pre-tax, paid monthly

Purchase Price: $25,500,000

Purchased on 16 August 2013

Return: 9.75%

Tenants: Harvey Norman; Kmart; Farmers; Briscoes; Columbus Coffee; Rebel Sport; No. 1 Shoe Warehouse; Postie Group.