Investment - Whey this up - 8.5% pa!

Fully leased investment returning 8.5% pa net on a prominent corner site in beautiful Barrys Bay, near Akaroa. The well-established business with a long history dating back to 1895, has re-signed a new 6 year term with further ROR's. Rental returning $83,500pa + GST + outgoings.

This iconic cheese factory of 1,084m2* including associated processing, retail and staff facilities, has excellent profile being next to SH75 (Christchurch Akaroa Rd).

Underpinned by large strategic land holding of 2,851m2 overlooking Barrys Bay at the head of Akaroa Harbour. Zoned Industrial General which is a rare find in this locality, so could potentially lend itself to a variety of uses should the current Tenant ever vacate.

Visit the Tenant's website at www.barrysbaycheese.co.nz
or visit Barrys Bay 125th Anniversary www.cheeseloversnz.co.nz/cheese-tales/barrys-bay

An ideal investment package providing a tasty return and representing excellent value for money in today's market. (* approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to book a viewing.

SOLD