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Woolworths Crofton Downs - Long Secure Lease

124 Churchill Drive, Crofton Downs

Retail Property
dollar

Deadline Sale

Floor area
3497m2
Land area
11013m2
On this page:

Deadline sale

Wednesday
4:00pm
19
Aug

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Property details

Listing # 67041359 | Listed on 17 July

Woolworths Crofton Downs is a modern freehold supermarket which is anchor to a small neighbourhood retail centre and strategically positioned within an established residential catchment approximately 5 kilometres north of Wellington CBD.

The property provides a well-established convenience retail offering, secured by Woolworths (General Distributors Limited) and supported by a complementary mix of service-based tenants including café, pharmacy, hair and online retail operations.

The asset plays a key role within the local retail hierarchy, serving a captive suburban catchment with limited competing supermarket supply.

Constructed to modern supermarket specifications, the centre provides approximately 3,497 sqm of total lettable area across a ~11,013 sqm landholding, with on-grade car parking and efficient site circulation. The property is fully leased generating an annual income of $1,627,609 + GST (approx) and benefits from a diversified income profile, with Woolworths comprising the majority of income under a long-term lease structure, complemented by smaller-format specialty tenancies.

This property is being offered as part of a portfolio sale alongside Woolworths Dargaville and Woolworths Bureta Park. The assets are available for purchase either individually or together. For further information on the other properties within the portfolio, please visit:

https://www.colliers.co.nz/p-NZL67041361 - Dargaville, Northland

https://www.colliers.co.nz/p-NZL67041357 - Bureta Park, Tauranga

Woolworths Crofton Downs is offered for Sale by Deadline Private Treaty, closing at 4:00pm on Wednesday, 19 August 2026 (unless sold prior).



More information: https://www.colliers.co.nz/p-NZL67041359

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