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The Opportunity

This is rare opportunity for astute investors to secure a prime freehold property, leased to a well-known national brand tenant, and located with huge profile on State Highway 1 in the highly sought region of Otago.

Features

• New fifteen year lease offered
• Annual net rental of $150,000 plus GST
• Site area of 2,150sqm (more or less)
• Fixed rental growth
• High profile corner site

For Sale by Deadline Private Treaty closing Wednesday 19th of October 2022 at 4pm (unless sold prior).

Contact the nominated brokers today for more information.

Highlights

High profile corner site

Positioned in the popular summer holiday destination of Waihola and approximately 30 minutes drive to Dunedin sits this prime freehold investment on State Highway 1.

Annual net rental of $150,000 plus GST

Developed by NPD in 2015/2016 this purpose-built service station is one of their highest performing sites in this region. The strategic location and ease of access were big factors in this site selection. With dual access from North Foreland Street and access from Greenwich Street (SH1), the property has been designed with functionality in mind.