High Profile Service Station Portfolio
Caltex, Takapuna, North Shore City
Price On Application
- Proposed Usage
- Floor Area
- 197.00 m²
- Property ID
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A unique opportunity to secure a portfolio of high profile service stations, each strategically located in high growth regions around the North Island. The 5 stations are all on 20 year, triple-net leases with fixed 2 yearly 4% rental growth.
This investment has been structured for passive, long-term investors who will profit from the built-in rental growth, hands free management and lucrative locations.
The portfolio consists of the below properties:
1433 Dairy Flat Highway, Dairy Flat – Returning $163,538 net + GST
303-311 Western Hills Drive, Whangarei – Returning $186,900 net + GST (SOLD)
10 Puketona Road, Paihia – Returning $122,653 net + GST
520 Te Ngae Road, Rotorua – Returning $146,340 net + GST
782R State Highway 29, Tauranga – Returning $146,340 net + GST
Purchasing the portfolio as a package gives the investment a net annual return of $765,771 + GST. The landlord has instructed us to present all offers, take your pick of the above or buy the entire portfolio.
Please contact the Sole Agents for further information on this rare opportunity.