 Multi-tenanted investment, anchored by Woolworths
27-39 Nelson Street & 13-19 Union Street, Hawera, South Taranaki, Taranaki |
The opportunityColliers is proud to be presenting a premium commercial property to market, featuring a multi-tenanted investment with a WALT of 12 years, underpinned by a long-term lease to Woolworths, an ASX-listed tenant. Features:
For more information or to arrange an inspection contact: Benet Carroll 021 028 94537 benet.carroll@colliers.com Please note: all floor areas are approximated only. |
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Highlights |
 Site Area of 10,266 sq m (approx.) & Net Lettable Area of 4,352 sq m (approx.)Situated in the heart of Hawera on a prominent 10,266 sq m site over two titles with two stand-alone buildings. The Woolworths Supermarket was constructed in 2019 with a net lettable area of approximately 3,475 sq m, 131 on-site carparks, boasting a 100% NBS seismic rating, and three street frontages. |
 Net annual rental: $1,115,351 + GST p.a.
Leased to General Distributors Ltd, a subsidiary of the ASX-listed Woolworths Group, on a 20-year lease from 8 May 2019 with final expiry in 2074. Complemented by an 877 sq m site developed in 1997, comprising a single-storeyed building accommodating The Ministry of Social Development, which occupies the majority of the building, The Western Institute of Technology and a well-established café. Great lease covenants and long terms, providing a combined net annual return of $1,115,351 plus GST. |
The agent |
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For SaleFor sale by way of Deadline Private Treaty, closing 1PM Wednesday 3 September 2025. |
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