Brand new 12year lease to Genesis Energy
Key Features
• Brand new 12-year lease to NZX-listed tenant Genesis Energy
• Returning net of $376,383pa plus GST with built in rental growth
• Substantial freehold 5,000sqm (more or less) site with significant Tenant improvements in place
• Strategically located in a fast-growing precinct with multiple multi-nationals
• Bottom draw investment with attractive long-term fundamentals
Opportunities to secure long-term income backed by a nationally recognised corporate tenant are increasingly rare.
This investment is underpinned by a substantial net rental of $376,383 per annum plus GST and outgoings, with built in rental growth. Secured by a new 12-year lease to Genesis Energy, one of New Zealand's largest listed companies with significant Government ownership, the attractive lease profile and minimal management requirement of this property offers investors security in an uncertain economic environment.
Whether you are seeking reliable income, portfolio diversification, or a long-term hold with institutional-grade tenant strength, this asset warrants serious consideration.
• Brand new 12-year lease to NZX-listed tenant Genesis Energy
• Returning net of $376,383pa plus GST with built in rental growth
• Substantial freehold 5,000sqm (more or less) site with significant Tenant improvements in place
• Strategically located in a fast-growing precinct with multiple multi-nationals
• Bottom draw investment with attractive long-term fundamentals
Opportunities to secure long-term income backed by a nationally recognised corporate tenant are increasingly rare.
This investment is underpinned by a substantial net rental of $376,383 per annum plus GST and outgoings, with built in rental growth. Secured by a new 12-year lease to Genesis Energy, one of New Zealand's largest listed companies with significant Government ownership, the attractive lease profile and minimal management requirement of this property offers investors security in an uncertain economic environment.
Whether you are seeking reliable income, portfolio diversification, or a long-term hold with institutional-grade tenant strength, this asset warrants serious consideration.
Key features
Land area breakdown
5,000sqm (more or less)
Lease
Brand new 12-year lease to NZX-listed tenant Genesis Energy
Location
Strategically located in a fast-growing precinct with multiple multi-nationals
