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Supermarkets have long been admired as premium investments due to their ability to trade during a wide variety of conditions. This investment is no exception and comprises a standalone Countdown Supermarket leased to Countdown for 20 years returning $684,203 per annum.
This Countdown is the only supermarket servicing Huntly and the surrounding catchment area, which is an up-and-coming region earmarked for significant future growth. The proposed $1 billion dollar Sleepyhead Estate development in nearby Ohinewai provides for 1,100 new homes and is designed to create over 2,600 jobs. It looks set to become the industrial hub for Huntly, reinvigorating the district and offering substantial, additional social and economic support for the town.
Huntly is 93 kilometres South of Auckland and only 29 kilometres North of Hamilton and is ideally placed to benefit from its proximity to the Golden Triangle of Auckland, Hamilton and Tauranga.
Astute investors seeking an excellent return from a long-term lease to a secure tenant in a recession proof industry should investigate this opportunity.
KEY FEATURES:
• $684,203 net passing income (approximately)
• 20 year lease to Countdown from 15 December 2011
• Modern 3,205m² supermarket
• Excellent return with rental growth
• 9,764m² site
• Wide catchment area
• Dominant position in town
• Call now for more details
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.61 km | 3 | 1 | 83m2 | 2024年02月20日 | $449,000 | Council approved | ||
0.26 km | 3 | 1 | 77m2 | 2024年02月07日 | $442,000 | Council approved | ||
 | 0.37 km | 2 | 1 | 144m2 | 2024年01月18日 | $450,000 | Council approved | |
0.71 km | 3 | 151m2 | 2024年01月15日 | $425,000 | Council approved | |||
0.31 km | 3 | 126m2 | 2023年11月10日 | $577,000 | Council approved |