Prime Bank property investment – 6.75% NET Return; NZD$1,240,000 (plus GST if any)
12 September, 2012
National Bank – South Dunedin » New Zealand Property Based Investments.
This purpose-built modern bank property occupied by the ANZ National Bank Ltd provides a secure cash-flow with minimal investor involvement. Rated at 100% new building code for earthquake compliance provides peace-of-mind and tenant security. The next lease renewal is in 2017, with rent reviews in 2014 and 2017. After 2017 there are 8 x 3yr rights of renewal.
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