Long term lease to Countdown


16-18 Tumate Mahuta Drive, Huntly

By Negotiation

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Long term lease to Countdown | 16-18 Tumate Mahuta Drive, Huntly | 1903582 |      X Close
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Long term lease to Countdown


• Long term lease to essential service provider, Countdown, in occupation since 2011

• Currently returning $671,024pa plus GST (net)

• Rights of renewal until 2071

• Modern 3,964sqm supermarket on a prominent 9,764sqm freehold site

Located in the Golden Triangle, this supermarket enjoys the benefit of being the only supermarket in Huntly and services a wide residential and commercial catchment. Subject to a 20-year lease to ASX Listed Woolworths Group that currently offers a WALT of over 10 years, the asset presents a prime opportunity to secure a modern large format retail property leased to an undoubted tenant.

A fantastic, well located passive investment opportunity. Call now for further details.

Alex Ten Hove

027 592 4817

alex.tenhove@bayleys.co.nz

Sunil Bhana

021 938 660

sunil.bhana@bayleys.co.nz

Mike Houlker

021 945 927

mike.houlker@bayleys.co.nz