SOLD - Bunnings occupy a one hectare (approx) site on Cryers Road within close proximity to both Ti Rakau and Highbrook Drives, the property is an established, easily accessible trade service centre servicing an extensive catchment area.
Extensively refurbished by Bunnings in 2009, the property is an essential part of Bunnings’ fast growing trade service supplies sector. Offered fully leased to Bunnings on a brand new 9 year lease, the property offers an initial net income of over $365,900 plus GST per annum.
The long term lease with a final expiry in 33 years time (if all rights of renewal are exercised), offers an unparalleled opportunity to secure a long term investment property with guaranteed rental growth.
Greg GoldfinchSouth Auckland Office
Mobile: +64 (21) 537-682DDI: +64 (9) 358-9875Email: greg.goldfinch@colliers.com
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John GreenAuckland Office
Mobile: +64 (21) 994-273DDI: +64 (9) 358-9882Email: John.Green@colliers.com
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 the REAA 2008