Long Term Lease - 10% Yield
Long Term Lease - 10% Yield
Ruapehu
Ruapehu
Asking Price
Asking Price
Listing ID 2837099
Details
Asking Price
| Floor area | 322sqm |
Description
Long Term Lease - 10% Yield
- Challenge service station
- A strong business well known to skiers
- Located on State Highway 4
- Gateway to National Park
- Rental $58,870 pa + GST
- Ten year lease from 1 February 2011
- Two rights of renewal of five years
- Built in increases
- Strong tenant
As well as petrol and diesel, the ground floor houses a well stocked dairy with takeaway food and good coffee. It has high season trade and is the centre of an extensive and supportive farming community. The first floor provides office, storage and accommodation for the tenant.
Total Building Area: 322sqm
Land Area: 862sqm
Jim McKinlay
Tauranga
Licensed under the REA Act 2008
| Mobile: +64 21 417 426 |
| Office: +64 7 571 4695 |
| jim.mckinlay@bayleys.co.nz |
Mike Swanson
Hamilton
Licensed under the REA Act 2008
| Mobile: +64 27 249 3791 |
| Office: +64 7 834 3829 |
| mike.swanson@bayleys.co.nz |
Details
Asking Price
| Floor area | 322sqm |
Jim McKinlay
Tauranga
Licensed under the REA Act 2008
| Mobile: +64 21 417 426 |
| Office: +64 7 571 4695 |
| jim.mckinlay@bayleys.co.nz |
Mike Swanson
Hamilton
Licensed under the REA Act 2008
| Mobile: +64 27 249 3791 |
| Office: +64 7 834 3829 |
| mike.swanson@bayleys.co.nz |