Listing #:1533993665

Two Countdown supermarkets - Buy one or both

Location: 323 Andersons Bay Road, City Centre, Dunedin, Otago
Property use: Retail
Floor area: 4,004m2
Land area: 10298m2
Price: To be sold by tender (closes on 26 Feb)
Property ID#: FQS544
- Currently returning $1,225,375pa net + GST
- Leased to General Distributors Limited
- 20 year lease from December 2012 with renewals up to 60 years
- Modern building completed mid 2012 positioned on a 1.03 hectare freehold site

Positioned on a busy main arterial route the property is surrounded by other high profile national retailers and enjoys the benefit of a wide residential catchment. A fantastic, well located, investment opportunity leased to an undoubted long term tenant.

This property can be sold individually or together with Countdown Hornby at 17 Chappie Place, Hornby, Christchurch - 1684707.

Agency reference #: 1684716
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For sale by tender
323 Andersons Bay Road, City Centre, Dunedin, Otago
For sale by tender
Listed: Tue 30 Jan, 1:55 pm
Sunil Bhana
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3758438
  •  (021) 938660

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Agent's details

Sunil Bhana
  •  (09) 3758438
  •  (021) 938660
Robin Hyndman
  •  (03) 4677142
  •  (027) 4888450
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
(0800) 2295397
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