Z Energy on 20 year lease
387 Wairere Drive, Hamilton City
About the propertyLand Area: 0.28 ha
Investing doesn’t get much more passive than this. A 20 year net lease to Z Energy Limited, with annual rent reviews and a Freehold site in a booming area of Te Rapa. This new build service station is only 1 year old, and with future residential growth to the west, and the Te Rapa Gateway industrial suburb filling up immediately adjoining the site, this is a strategic land bank with secureincome.
For Sale by Deadline Private Treaty closing 19th October 2017 (unless sold prior).
- Returning $262,189 + GST + Opex
- 20 year lease from 2016
- Annual rent reviews
- 2,886m² freehold site
- Growth location
- Passive A grade investment