Seaside Standalone Countdown Supermarket

3 Moenui Avenue, Orewa


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Seaside Standalone Countdown Supermarket | 3 Moenui Avenue, Orewa | 1690585 |      X Close

Seaside Standalone Countdown Supermarket

• Modern freehold standalone Countdown supermarket situated in Orewa, Auckland

• ASX listed tenant covenant

• New 10 year leaseback with final expiry in 2080

• Strategically positioned 200 metres from Orewa Beach

• 9,380sqm landholding with development intensive zoning

Positioned within the highly coveted and defensive commercial real estate sector, the supermarket sector, Countdown Orewa presents as an outstanding freehold investment opportunity, offering highly compelling investment fundamentals.

Offered for sale subject to a new 10 year leaseback to General Distributors Limited, trading as Countdown, the New Zealand subsidiary of ASX Listed Woolworths Group, with rights of renewal extending occupation until 2080.

Situated upon a strategic 9,380sqm landholding positioned only 200 metres from Orewa Beach. Development intensive zoning and an 'agree to agree' lease clause allow for potential development to occur following the initial lease term.

Investment opportunities of this calibre, offering an exceptional lease covenant, major regional centre location and new build, modern assets rarely present to the market.

For further information, or to arrange a viewing of the asset please contact a member of the project team.

3 Moenui Avenue, Orewa

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