16-18 Tumate Mahuta Drive, Huntly, Waikato

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