High Profile Service Station Portfolio

Caltex, Takapuna, North Shore City

Price On Application

Proposed Usage
Office
Floor Area
197.00 m²
Description:
Property ID
1c07bdw



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.

Enquire about this property

Takapuna Area