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Huntly

16-18 Tumate Mahuta Drive, Huntly, Waikato

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3,964sqm Floor area
9,764sqm Land area SQM

For Sale by Negotiation

Long term lease to Countdown


• Long term lease to essential service provider, Countdown, in occupation since 2011
• Currently returning $671,024pa plus GST (net)
• Rights of renewal until 2071
• Modern 3,964sqm supermarket on a prominent 9,764sqm freehold site

Located in the Golden Triangle, this supermarket enjoys the benefit of being the only supermarket in Huntly and services a wide residential and commercial catchment. Subject to a 20-year lease to ASX Listed Woolworths Group that currently offers a WALT of over 10 years, the asset presents a prime opportunity to secure a modern large format retail property leased to an undoubted tenant.

A fantastic, well located passive investment opportunity. Call now for further details.

Alex Ten Hove
027 592 4817
alex.tenhove@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz

Alex ten Hove

Alex ten Hove


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Sunil Bhana

Sunil Bhana


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Mike Houlker

Mike Houlker


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

Features

Location


Located in the Golden Triangle, this supermarket enjoys the benefit of being the only supermarket in Huntly and services a wide residential and commercial catchment

Property


Modern 3,964sqm supermarket on a prominent 9,764sqm freehold site

Tenant


Long term lease to essential service provider, Countdown, in occupation since 2011