Essential service Countdown investment
• 20 year lease with over 11 years remaining on the current term
• Leased to Countdown currently returning $636,431 plus GST (net)
• Rights of renewal until June 2072
• Modern 2,788sqm supermarket on a prominent 10,532sqm freehold site
Constructed in 2011, this property offers modern supermarket premises leased long term to ASX listed Woolworths Group with a WALT of 11 years. Countdown is the trading brand of Woolworths New Zealand Limited, a subsidiary of publicly listed Australian company, Woolworths Group Limited.
With the supermarket sector amongst the most resilient investment classes, offering low volatility throughout any economic environment. This is a bottom draw investment that will appeal to all investor groups.
Willem Brown
021 161 4066
willem.brown@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz
• Leased to Countdown currently returning $636,431 plus GST (net)
• Rights of renewal until June 2072
• Modern 2,788sqm supermarket on a prominent 10,532sqm freehold site
Constructed in 2011, this property offers modern supermarket premises leased long term to ASX listed Woolworths Group with a WALT of 11 years. Countdown is the trading brand of Woolworths New Zealand Limited, a subsidiary of publicly listed Australian company, Woolworths Group Limited.
With the supermarket sector amongst the most resilient investment classes, offering low volatility throughout any economic environment. This is a bottom draw investment that will appeal to all investor groups.
Willem Brown
021 161 4066
willem.brown@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz