37 Station Road, Kaikohe provides a compelling investment opportunity to secure a robust commercial property occupied by Countdown supermarket at a uniquely accessible price point. Countdown's esteemed reputation ensures a steady rental income, fostering financial stability for property owners. Home to Countdown since 1997, this property stands as a cornerstone in the community, benefitting from a longstanding and reliable tenancy, that has ensured a stable income stream for more than two decades. Strategically positioned at the heart of Kaikohe's commercial hub alongside The Warehouse and McDonald's, this property enjoys a central location, attracting substantial foot traffic.
Currently returning a net income of $207,500pa, with the bonus of a turnover based rental on top, the advantage of obtaining a supermarket property at this price point further solidifies the investment's appeal, offering a rare chance to capitalize on the stability and broad appeal associated with a leading supermarket chain within an affordable investment framework. Northland is a growth region with relatively untapped economic potential, natural resources, and strategic location. Infrastructure development, increased tourism, and a burgeoning agriculture sector contribute to its economic upswing and provide an exciting chance to capitalize with the addition of this superb investment to your portfolio. As we introduce this gem to the market, investors are invited to explore the potential within its prime location, and reliable tenancy.