Service station investment on long lease


1-9 Normanby Street, Dargaville

Asking Price NZD $2,400,000 + GST (if any)

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Service station investment on long lease | 1-9 Normanby Street, Dargaville | 1695444 |      X Close
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Service station investment on long lease


- One of four fee simple service station investment properties thought New Zealand

- Currently returning $179,855 + GST (net) per annum from established tenant

- 3412 sqm freehold high-profile site in a strong regional location

- Bottom drawer, hassle-free investment opportunity for a range of buyers

- Motivated vendor says sell away!

Bayleys are proud to be appointed as the vendors sole agents to market for sale by Tender a portfolio of four service station investments, which can be purchased individually or together.

These properties all present an opportunity for a range of purchasers looking to secure hands-off commercial investment opportunities in a range of established and high-profile locations throughout New Zealand.

The property located at 1-9 Normanby Road, Dargaville offers a high profile 3412 sqm corner site near to Dargaville's commercial and residential precincts and on a main road location.

Currently occupied by a Caltex Service Station and returning $179,855 + GST p.a. this property offers a ten-year lease term, which commenced on the 1st of March 2019, and provides for built in rental growth and further rights of renewal.

This property offers a strategic regional investment opportunity not to be missed in this established primary production region of Northland.

Call the sole agents now for full details of this offering with all viewings strictly by appointment.