167-179 Great South Road, Takanini, Papakura

Outstanding Investment Opportunity

- Brand new Bunnings Warehouse
- New 12 year net lease plus options until 2076
- Net income of $1,388,000pa net
- Guaranteed annual rental growth
- Highly exposed 1.7 hectare site
- 10,613sqm store with over 229 car parks

This is an outstanding opportunity to purchase a new high profile property in a high growth area.

The property consists of a large format retail store of approximately 10,000sqm, that was constructed in 2013. It sits on a corner site and has approximately a 120 metre road frontage giving it extreme profile. The main features of the building are high stud, some underground parking, full trade and retail offering with a separate garden centre, cafe and kids play area.

This Bunnings Warehouse sits on a Freehold site of approximately 1.7 hectares, and is located on the busy Great South Road. This area features a mixture of retail, industrial and commercial activities and has a large and fast growing residential catchment. Near neighbours include; Countdown, PaknSave, The Warehouse and The Southgate Retail Centre.