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Listing Description
Listed: Today
Modern Multi-Tenanted Investment
7 Struthers Place, Waiwhakaiho, New Plymouth, Taranaki
To be sold by deadline sale (by 17 Dec)
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | NZL67037489 |
Description
A bulk retail investment in the heart of the tightly held Valley Mega Centre, offering investors a multi-tenanted, A grade property with a long WALT and unrivalled location. The 3,049 sqm site and developed in 2004, comprising concrete tilt slab construction, split into three tenancies. There are 43 exclusive on site car parks as well as the benefit of the additional Valley communal parks. Exception retail tenant covenants, including Postie Plus, Payless Plastics and Anytime Fitness. Providing a net return of $378,580 plus GST with significant rental growth. The Valley Mega Centre has an excellent letting history, boasting 100% occupancy including Mitre 10 Mega, Woolworths, Rebel Sports, Briscoes and Chemist Warehouse. For sale by way of Deadline Private Treaty, closing 1PM Wednesday 17 December 2025. For more information or to arrange an inspection contact: Benet Carroll
021 028 94537 benet.carroll@colliers.com
Please note: all floor areas are approximated only.
Features:
- Leased to three national retailers
- Positioned in the tightly held Valley Mega Centre (100% occupancy)
- Seismic rating of 100%NBS
- 43 on site car parks
- Net Annual Rental: $378,580 plus GST
- Rental upside
More information: https://www.colliers.co.nz/p-NZL67037489
Property Files
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