Bunnings Warehouse, Nelson occupies a 2.05 hectare site (approx) on the corner of Saxton Road West and Main Road, Stoke, being the main transport link from Richmond to the south, through Stoke to central Nelson, just 9.5km to the north.
Opened in 2008, the property is one of Bunnings’ newest developments and is being offered with a new 12 year lease with an initial net income of over $900,000 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.
Tony GowansNelson Office
Mobile: +64 (27) 500-8309DDI: +64 (3) 545-6920Email: tony.gowans@colliers.com
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Jason SeymourAuckland Office
Mobile: +64 (21) 607-999DDI: +64 (9) 358-9855Email: Jason.Seymour@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.
Nelson Commercial Realty Ltd, Licensed under the REAA 2008