Boasting a long-term lease, great street exposure, recent renovations and an extensive chattels list; this 130m² freehold unit is worth serious investors attention. We are excited to be making this exclusive commercial investment opportunity available.
Key features for an astute investor include:
- National tenant with a long term lease
- Stratum in freehold title
- 130m² of recently renovated space
- Great exposure in a busy street
- Extensive chattels list
Orewa is the beach town that services Millwater, Milldale and the surrounding suburbs on the Hibiscus Coast. It is the go to for local dining, retail and services. Both suburbs still being completed are expected to bring in over 20,000 new residents to the area by the end of the 2020s, while other surrounding suburbs are rapidly growing too.
Right now is a fantastic time to be investing in this area.
Step 1: Invest – Crowdfunding Campaign
Initially, investment properties are made available for crowdfunding. Each share always starts at $100.
Step 2: Earn – Net Rental Distributions
Get paid your share of Net Rental Distributions, as an Annual Dividend, directly to your bank account.
Step 3: Cash Out – Resale
Collect your share of proceeds at auction. Upon 3 years from the Crowdfunding Campaign, we intend to facilitate a real-life auction where each Shareholder will receive a proportional share of any sale proceeds in relation to each shareholding, plus return of capital, depending on what the property sells for at auction.
This is a rare opportunity to own a ground floor retail unit in bustling Orewa, just 350m from the Beach. 33G Florence Ave has offered the current owner fantastic returns over the past 9 years with the long term tenant providing a net return of $46,560pa.
This is a rare opportunity to own a ground floor retail unit in bustling Orewa, just 350m from the Beach. 33G Florence Ave has offered the current owner fantastic returns over the past 9 years with the long term tenant providing a net return of $46,560 p.a.