• 20 year lease with over 11 years remaining on the current term

• Leased to Countdown currently returning $636,431 plus GST (net)

• Rights of renewal until June 2072

• Modern 2,788sqm supermarket on a prominent 10,532sqm freehold site

Constructed in 2011, this property offers modern supermarket premises leased long term to ASX listed Woolworths Group with a WALT of 11 years. Countdown is the trading brand of Woolworths New Zealand Limited, a subsidiary of publicly listed Australian company, Woolworths Group Limited.

With the supermarket sector amongst the most resilient investment classes, offering low volatility throughout any economic environment. This is a bottom draw investment that will appeal to all investor groups.

Willem Brown

021 161 4066

willem.brown@bayleys.co.nz

Sunil Bhana

021 938 660

sunil.bhana@bayleys.co.nz

Mike Houlker

021 945 927

mike.houlker@bayleys.co.nz