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Listing Description

Listed: Wed, 13 Sep

AFFORDABLE COUNTDOWN SUPERMARKET

90-96 Great South Road, Papakura, Auckland

Price by negotiation

Details

  •   2964m² Floor
  •   8427m² Land
AttributeValue
Property use
Retail
Agency reference
4008865

Description

This is an exceptional investment opportunity providing a net rental return of $780,500 per annum, strategically located on a large 8,427m² zoned site Metropolitan Centre with a 40.5m height limit.

Supermarkets have long been admired as premium investments due to their ability to trade during a wide variety of conditions.

This investment comprises a Countdown Supermarket leased to Countdown for six years with three yearly reviews to market providing future rental growth and capital appreciation. 

The property is situated in Papakura which is experiencing rapid population growth, making it one of the most popular areas in Auckland due its affordability, amenity and transport options. This growth provides a reliable and expanding customer base, ensuring sustained demand for the supermarket’s services.

Countdown Roselands offers an affordable investment opportunity with a large land holding in a high growth location, with strong ongoing annual rental and regular reviews providing a reliable source of income with the potential for long-term growth.

KEY FEATURES:

  • Net rental of $780,500 per annum
  • High growth South Auckland location
  • Large 8,427m² corner site
  • Metropolitan Centre zone – 40.5m height limit
  • Three yearly rent reviews to market
  • Recession proof industry
  • Affordable and exceptional investment opportunity
  • Call now for more details

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Agent's details

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Barfoot & Thompson Commercial, (Licensed: REAA 2008)

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