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Kaukapakapa

1079 Kaipara Coast Highway, Kaukapakapa, Rodney

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110sqm Floor area
End of trip facilities
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Secure Tenanted Investment on State Highway 16


An opportunity is offered to acquire the Gull service station site and improvements, within the established Kaukapakapa Village Centre, located just north of urban Auckland. 

This modern, purpose-built service station occupies a prominent position on State Highway 16, benefiting from strong traffic exposure and excellent accessibility. The property is fully leased to Gull, a nationally recognised fuel retailer, returning $163,105.92 per annum plus GST and outgoings under a 17-year lease with biennial rent reviews at the greater of market or CPI, providing secure income and built-in rental growth.

The service station forms part of a growing village centre environment and is well supported by nearby complementary uses, including the newly renovated Shed 16, which has enhanced the amenity and activation of the local precinct. 

Zoned Business - Local Centre under the Auckland Unitary Plan, the site supports local convenience retail and commercial activity and forms part of a well-considered development constructed to a high standard. Ongoing residential growth within Kaukapakapa continues to underpin demand for essential services and convenience-based retail.

This offering presents a compelling opportunity to secure a passive, income-generating investment in a tightly held North Auckland location, underpinned by a national tenant covenant and strategic arterial road frontage.

For Sale by Deadline Private Treaty
(unless sold prior)

11
Mar

Time4pm
Calander
Calendar
Graeme Perigo

Graeme Perigo

Director - Commercial

Mackys Real Estate Ltd, Bayleys,
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
Ben Clare

Ben Clare

Director - Commercial

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

Features

Location


Prominently positioned on State Highway 16 within the established Kaukapakapa Village Centre, just north of Auckland, servicing a growing North Auckland catchment.

Lease term


Long-term lease in place with a 17-year initial term from April 2019 and a further 17-year right of renewal, extending through to April 2053.

Passing income


Net income of $163,105.92 per annum plus GST and outgoings, delivering a passive and predictable income stream.

Zoning


Zoned Business – Local Centre under the Auckland Unitary Plan, supporting local convenience retail and commercial activity and aligning with the surrounding village centre environment.

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