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Kawakawa

4 Station Road, Kawakawa, Far North

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242sqm Floor area
2,957sqm Land area SQM

Tender

SERVICE STATION ON LONG LEASE


- High profile service station on long term lease with over 11 years remaining on current term
- Returning $208,343.56 + GST p.a. with built in rental growth throughout the lease
- Corner site main road position on main thoroughfare road

Bottom drawer, hassle free investment opportunity. This high profile investment property offers investors the chance to secure an established tenant on a long term lease with built in rental growth.

The current lease term of 23 years has over 11 years remaining, in addition to two further rights of renewal of 10 years each. The property enjoys a high profile position on the corner of Station Road and State Highway 1 in Kawakawa, a town known as ''the gateway to the Bay of Islands''. This location enjoys strong traffic flows from both private cars and trucks.

Act now to secure this hassle free long term investment.


*Land and Buildings for sale, Business is NOT for sale.

Tender

4 Viaduct Harbour Ave, Auckland

9

Aug

Time4pm
Calander
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Alan Haydock

Alan Haydock


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

Tonya Spicer AREINZ


Licensed under the REA Act 2008
Damien Bullick

Damien Bullick


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

Features

Land Tenure


Fee Simple (Freehold)

Location


Corner site on maid road

Tenancy Details


Fully leased with built in rental growth