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Home / Northern Advocate / Business

Northland: Latest retail opportunities

Northern Advocate
19 Aug, 2011 02:18 AMQuick Read

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The Briscoes building in the Okara shopping centre and the Thomson Bagley Auctions site in Port Road are the latest opportunities for sale for Northland investors.

Big opportunity

Fancy a big box?  Okara Retail Ltd is selling the Briscoes building in the Okara shopping centre. The owner says "we want
to do other things".

Briscoes holds a 10-year lease term with four further rights of renewal of three years each.

Seaworthy site

Boatie investors note: Sale of the lease on the Thomson Bagley Auctions site in Port Rd  includes a  private jetty on the Hatea River.

Owner-occupier David Hodson would be interested in retaining part-ownership and a secure tenancy would be part of the deal.

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