New Zealand
Commercial Real Estate Consultants
Sold
Mount Roskill
Auckland City
SOLD Bunnings Warehouse, Mt Roskill
Property ID: 15686

SOLD Bunnings Warehouse, Mt Roskill

Sold

Unless sold prior

2 Carr Road, Mount Roskill

      Description:

      SOLD - Boasting a huge 2.7 hectare land holding on Carr Road, and lying directly adjacent to Auckland’s south western motorway, Bunnings Warehouse, Mt Roskill is one of the area’s most significant retail and trade assets in terms of size and profile with a large, affluent catchment area.

      Less than three years old, the property represents one of the star performers in Bunnings’ national network, and is being offered with a new 12 year lease with an initial net income of over $1.91 million plus GST per annum.

      The long term lease with a final expiry in 35 years time (if all rights of renewal are exercised), offers an unparalleled opportunity to secure a long term investment property with guaranteed rental growth.

       

      Offered for Sale either individually or collectively, by Private Treaty closing 4pm, Thursday 3 November 2011

        Specifications
        Land Area: 2.7058 hectares
        Retail Area: 11,601m² including trade sales & nursery
        Net Rental: $1.915m plus GST per annum
        Lease Term: 12 years with 3x6 plus 1x5 years ROR
        Car Parks: 380

        For further details please contact:

        Jason Seymour

        Jason Seymour
        Auckland Office

        Mobile: +64 (21) 607-999
        DDI: +64 (9) 358-9855
        Email: Jason.Seymour@colliers.com

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        John Green

        John Green
        Auckland Office

        Mobile: +64 (21) 994-273
        DDI: +64 (9) 358-9882
        Email: John.Green@colliers.com

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        2 Carr Road, Mount Roskill

        Disclaimer: The contents of this document do not form any part of a contract. Whilst all care has been taken in preparation,
        no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.

        Colliers International New Zealand Ltd, Licensed under REAA 2008