Colliers New Zealand is proud to be exclusively appointed to market for sale Woolworths Lincoln Road. This high-profile investment boasts over 250 metres of frontage to both Lincoln Road and Universal Drive, situated in a well established and tightly held location.
Woolworths Lincoln Road is an established supermarket with over 10 years remaining on its current term with a lease to General Distributors Limited trading as Woolworths, who are a subsidiary of ASX listed Woolworths Group (WOW.ASX).
Currently generating an estimated net income of $1,513,331 per annum plus GST, the property provides a strong return underpinned by a secure tenant covenant and a strong underlying land value.
There will be minimal opportunities in Auckland to secure an investment of this quality. This is your chance to acquire a significant stake in one of New Zealand’s most coveted asset classes. Benefiting from its position as a non-discretionary/essential service, the supermarket sector is considered one of the most attractive asset classes available to investors today.
Woolworths Lincoln Road is offered for sale by Deadline Private Treaty closing Thursday 8th May 2025 at 4pm (unless sold prior).
Features:
- High profile landmark holding
- Long lease – 10+ years. 30 years of options
- Site Area: 13,412 sqm
- Lettable Area: 4,082 sqm (approx)
- Net income $1,513,331 per annum + GST (approx)
- Blue chip tenant - fully leased to Woolworths Group
- Well established and tightly held location
- Underpinned by strong land value
More information: https://www.colliers.co.nz/p-NZL67033686
