- Four freehold service station investment properties throughout New Zealand
- Available for purchase as a portfolio or individually, providing flexibility
- 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 all in strategic locations, 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 regional sites throughout New Zealand.
Details of these are 208-212 Harewood Road, Christchurch, comprises a 2,530sqm dual access site, occupied by Z Energy and currently returning $165,493 + GST p.a. with build in rental growth and a six year lease term from 1 October 2016 and a right of renewal
814 Omahu Road, Hastings, comprises a 2,308sqm site, leased to Gull New Zealand, currently returning $217,032 + GST, with built-in rental growth on a 15-year lease term from 1 March 2017
1-9 Normanby Street, Dargaville, comprises a 3412sqm corner site with excellent exposure, occupied by a Caltex service station, currently returning $179,855 + GST with built-in rental growth on a 10-year lease term which commenced 1 March 2019, and offers further rights of renewal
10 Puketona Road, Paihia, comprises a high profile 2,586sqm site currently on a 20-year lease which commenced 1 November 2013, and is currently returning $132,662 + GST with built-in rental growth and further rights of renewal.
These properties are offered (as a portfolio or individually) for sale by tender now closing 4pm Tuesday 21 March 2023 (unless sold prior)
Call the sole agents now for full details of this offering with all viewings strictly by appointment.
Damien Bullick + 64 22 420 6845
Mike Adams + 64 21 977 527
Alan Haydock + 64 21 532 121