New Zealand
Commercial Real Estate Consultants
Sold
East Tamaki
Manukau City
Bunnings Trade Centre, East Tamaki
Property ID: 15687

Bunnings Trade Centre, East Tamaki

Sold

Unless sold prior

94 Cryers Road

      Description:

      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.

        Specifications
        Land Area:: 10,043m²
        Trade Area:: 4,413m² including yard and canopy
        Net Rental:: $365,973 + GST per annum
        Lease Term:: 9 years plus 4x6 years ROR
        Car Parks:: 31

        For further details please contact:

        Greg Goldfinch

        Greg Goldfinch
        South Auckland Office

        Mobile: +64 (21) 537-682
        DDI: +64 (9) 358-9875
        Email: greg.goldfinch@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

        View full profile

        94 Cryers Road

        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