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Modern Investment with long lease to Z Energy

4155 Great North Road, Glen Eden

Investment Opportunities
dollar

Tender

Floor area
228m2
Land area
1964m2
Title type
Freehold
On this page:

Tender

Thursday
4:00pm
12
Mar

Map

Property details

Listing # 16910545 | Listed on 5 February
  • Modern service station investment that ticks all the boxes
  • 11 years remaining on an initial 18-year term, returning $330,837pa + GST p.a.
  • High profile position in modern retail development
  • Bottom drawer investment opportunity, not to be missed

Investors looking for a hands-off commercial asset in an established and growing location should look no further. This established Z Energy Service Station has approximately 11 years to run on an 18-year term, with further rights of renewal through to 2053. The property returns $330,837pa + GST with fixed rental growth provisions throughout the lease.

Z Energy Limited is listed on the NZX with over 550 stations owned and managed through New Zealand. The property is situated on a high-profile site on Great North Road, a key arterial linking a number of rapidly growing residential suburbs.

Passive investments of this quality seldom become available in the current market. Don’t miss this immaculate hands-off investment opportunity.

Alan Haydock
+64 21 532 121
alan.haydock@bayleys.co.nz

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

Craig Smith
+64 21 490 580
craig.smith@bayleys.co.nz

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