The opportunity

Featuring an ASX and NZX listed tenant covenant on a new long term lease, Countdown Orewa really is the perfect bottom drawer, passive investment.

Do not miss out on this incredible opportunity – call either of the Sole Agents now for further detail, or to register your interest.

Features:

Net Passing Income $1,241,392 pa + GST
10 Year Lease from April 2021
Final Lease Expiry in April 2081
ASX & NZX Listed Tenant Covenant
9,380 sqm Business - Town Centre Zoned Land
Nine Freehold Titles – over 200m Road Frontage
4,089sqm Net Lettable Area + 145 Car Parkss
Grade A+ 100% Seismic Rating
Extensively refurbished in 2014

Call the sole agents today to register your interest.

*Boundary lines are indicative only.

Highlights

Net Passing Income $1,241,392 pa + GST

Returning $1,241,392 pa, with approximately 9 years remaining on the current term and rights of renewal to 2081, Countdown Orewa is one of the most secure, long term investment opportunities currently available in New Zealand. Countdown is a fully owned subsidiary of the Woolworths Group who have over 1,064 stores across Australasia and employ over 190,000 staff. In FY21, they generated over $55.7 Billion in sales which was an 11.1% increase from FY20.

9,380 sqm Business - Town Centre Zoned Land

Positioned on a large, 9,380sqm Business Town Centre Zoned block, spread over nine freehold titles, the site is metres away from popular Orewa Beach and centrally located within an established catchment.

The agents

Shoneet Chand

Director

Licensed Under The REAA 2008

Call Now

Matt Prentice

Director

Licensed Under The REAA 2008

Call Now

Location

Sales process

For sale via deadline private treaty closing at 4pm on the 29th of November (unless sold prior).

Enquire

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