- For Sale
For SaleDeadline Private Treaty 28th Jul 2021 4pm (Unless sold prior)
Strategically positioned on a high profile site in Glen Eden, this premium grade freehold investment is now being offered to the market by Deadline Private Treaty closing 4pm, Wednesday 28th July 2021 (unless sold prior).
Currently leased to ‘Z Energy Limited’ on an 18 year term (from Aug 2018), this outstanding investment is returning $315,172.79 pa net + GST & OPEX – 100% payable by the tenant. This ‘hands free’ passive investment also offers CPI rental growth and further rights of renewal, with a final lease expiry in 2053.
Positioned on one of West Auckland’s main arterial routes, surrounded by a large residential catchment as well as a large number of car dealers and automotive retail shops, this opportunity is not to be missed.
Z Energy is a publicly listed company on the Australian & NZ stock exchanges with around 10,000 shareholders. They own and manage over 200 service stations and about 160 truck stops pipelines, terminals and bulk storage terminal infrastructure around the country.
Perfectly positioned in a popular development, featuring a long-term lease to market leading tenant, this is one of the most exciting investments currently on the market.
Shoneet Chand 021 400 765 | Caroline Cornish 021 390 759
Ref #: 20752487