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Kaitaia

176 Commerce Street , Kaitaia, Far North

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299sqm Floor area
1,789sqm Land area SQM

Tender

(unless sold prior)

5 Service Stations on 20 Year Leases


- Five high profile service stations on triple-net 20 year leases (16+ years remaining)
- Returning a total of $685,464 + GST p.a. (individual returns summarised below)
- Fixed 4% rental growth 2 yearly (next increase November 2017)
- Strategic growth locations around the North Island
- The perfect passive investment structure - Sit back and enjoy the cashflow

A rare opportunity to acquire a genuine passive hassle free investment. The properties benefit not only from a 20 year initial lease term, but also a triple-net lease structure, providing investors with the peace of mind that all ongoing maintenance and capital expenditure is handled by the tenant. The properties offer strategic and well located land holdings in key growth areas and are positioned to capitalise on both local and transit patronage. Further adding to the appeal of these long term investments is the fixed 2 yearly 4% rental growth, with the next increase in November 2017.

The properties offered for sale are as follows:

176 Commerce Street, Kaitaia - returning $89,856 + GST p.a.
10 Puketona Road, Paihia - returning $117,936 + GST p.a.
303-311 Western Hills Drive, Whangarei - Returning $179,712 + GST p.a.
520 Te Ngae Road, Rotorua - Returning $140,712 + GST p.a.
1433 Dairy Flat Highway, Dairy Flat - Returning $157,248 + GST p.a.


All long term strategic investors must consider this ultimate hands-off investment opportunity. For further information please call now or visit www.servicestationportfolio.co.nz

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

20

Jul

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Alan Haydock

Alan Haydock


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Jan Hutcheson

Jan Hutcheson


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Bullick

Damien Bullick


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

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For more information

Locations


Katia, Pahia, Whangarei, Dairy Flat, Rotorua

On Offer


5 service stations on 20 year leases