Fuel your portfolio - brand new 15 year lease

48-50, Main Road, Moerewa, Far North

Tender

Proposed Usage
Retail
Floor Area
180.00 m²
Description:
Property ID
1c5d3tj

• Realistic vendor will meet market
• Branded tenant on fifteen year lease - BP Service Station
• A+ IEP (Siesmic) rating
• Recently refurbished canopy with new underground fuel storage tanks
• Returning $92,786pa plus GST and Outgoings with assured rental growth

Situated on a prime corner site on State Highway One where traffic flows through
to Kaitaia, the property features six pumps and one truck stop with adjoining 172m2
retail and 315m2 forecourt canopy situated on two adjoining sites, that provides
2,011m2 of commercial land in the small northland settlement of Moerewa.

The site has recently had two new 50,000 litre underground fuel storage tanks
installed, the canopy of the forecourt refurbished/upgraded and a modernised
internal retail fitout has also been undertaken on the property.

The only commercial service station in the township of Moerewa with the nearest
service station, located in Kawakawa.

Astute investors should capitilise on this bottom drawer opportunity.

Call the SOLE agents today

Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz

Janak Darji
+64 21 047 1290
janak.darji@bayleys.co.nz

Anthony Van Gessel
+64 21 754 686
anthony.vangessel@bayleys.co.nz

Enquire about this property

Moerewa Area