Ad ID: 100293

Retail Investment for Sale Feilding Manawatu

Enquire about this "Retail Investment for Sale Feilding Manawatu" property on nzcommercial

Retail - Standalone Supermarket Investment

147 Kimbolton Road
Deadline Treaty
Area (m2):

Commercial Property for Sale Description

Retail Investment for Sale Feilding Manawatu 147 Kimbolton Road

CBRE as exclusive agent is delighted to present Countdown, 147 Kimbolton Road, Feilding, to the market for sale.

For the first time in over 25 years, the opportunity is now available to acquire this standalone supermarket investment with a long term lease in place to Countdown.

This high profile corner site provides a large underlying land area of 7,424sqm with drive around truck access and excellent car parking provisions (120 in total).

Underpinning this asset is the strong regional catchment with further confidence gained through major recent refurbishment of the property.

Key Investment Highlights include:

• Long established supermarket site
• Strong lease profile (7 year WALT)
• Excellent regional catchment
• High profile corner site
• Major recent refurbishment
• Lettable area: 2,815 sqm (approx)
• Net rental income: c. $676,000 per annum

A 100% freehold interest is being offered for the sale of 147 Kimbolton Road, Feilding. The asset is for sale by way of Deadline Private Treaty with offers to be submitted to CBRE, the exclusive agents, no later than Thursday 29 April at 4.00pm (unless sold prior).

For further information, please contact the listed CBRE agents below:

Tim Rookes
Managing Director
027 562 3700

Cameron Darby
Senior Negotiator
027 450 7902

Rick Stace
Associate Director
021 338 465
For more info
Contact: Tim Rookes

Tim Rookes

027 562 3700 or 03 374 9889
CBRE - Christchurch
Licensed REAA 2008
Broker Ref: 24032021

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