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Bartercard Property

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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
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Auckland CBD - Pitt Street Foodcourt Lease


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RegionAuckland
Property TypeLease
Asking Price $15,000
Trade Dollars $7,500
Cash Dollars $7,500
Price Notes50% trade
Price is excluding GST
Sold Date22/04/2013
VendorJimmy Wu
021 156 2693
jim@gaowoo.com
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Conditions
 
Shop for lease in funky food court with both indoor and outdoor seating.  Located at 10 Pitt Street, Auckland CBD.

Features:
  • Lease term: 1 year to run with rights of renewal for 3 + 4 years
  • Cleaner is provided by landlord (clears tables, washes dishes, cleans floors)
  • Tables and chairs are provided as part of the lease
  • Current offering: Thai, Malaysian, Vietnamese and Japanese foods, plus drinks.
  • New tenant must bring a different offering to these, e.g. Chinese or Italian
  • Opening hours are Monday to Saturday from 11am - 9pm
  • Option to buy the chattles (left by previous tenant - Bondish Chinese Cuisine) for additional T$20,000
  • Chattles include near new gas hob, deep fryer, fridge and more
  • Outgoings of $200 per week (includes cleaner)


For more information contact Jimmy Wu on 021 156 2693

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Cameron Owen

09 414 6837