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Glen Eden

4155 Great North Road, Glen Eden, Waitakere

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1,964sqm Land area SQM
228sqm Floor area

Modern Investment with long lease to Z Energy


• Modern service station investment that ticks all the boxes
• 11 years remaining on an initial 18-year term, returning $330,837pa + GST p.a.
• High profile position in modern retail development
• Bottom drawer investment opportunity, not to be missed

Investors looking for a hands-off commercial asset in an established and growing location should look no further. This established Z Energy Service Station has approximately 11 years to run on an 18-year term, with further rights of renewal through to 2053. The property returns $330,837pa + GST with fixed rental growth provisions throughout the lease.

Z Energy Limited is listed on the NZX with over 550 stations owned and managed through New Zealand. The property is situated on a high-profile site on Great North Road, a key arterial linking a number of rapidly growing residential suburbs.

Passive investments of this quality seldom become available in the current market. Don't miss this immaculate hands-off investment opportunity.

Alan Haydock
+64 21 532 121
alan.haydock@bayleys.co.nz

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

Craig Smith
+64 21 490 580
craig.smith@bayleys.co.nz

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

12
Mar

Time4pm
Calander
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Alan Haydock

Alan Haydock

Commercial, Development and Investment Sales

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

Damien Bullick

Commercial, Development and Investment Sales

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

Craig Smith

Director - Commercial, Industrial and Land

Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008

Features

Occupancy


Modern service station investment that ticks all the boxes

Lease term


11 years remaining on an initial 18-year term, returning $330,837pa + GST

Location


High profile position in modern retail development

Opportunity


Bottom drawer investment opportunity, not to be missed

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