Pohutukawa Coast Shopping Centre

129 Beachlands Road, Beachlands, Auckland

Expressions of Interest
Contact Agent

Retail
Property No. 9707
Contact Us

Three passive investments

JLL is pleased to market three passive investments in the newly constructed Pohutukawa Coast Shopping Centre, Beachlands, Auckland.

This is a unique opportunity to purchase three separate blocks within the shopping centre that host a range of high quality tenants - including an established medical centre. Statistics NZ shows Beachlands as a family friendly area with household income of $101,600pa compared to $76,500pa for the Auckland Region.

The features of each block are as follows:

Countdown Supermarket

- 20 year lease term from April 2017
- 10 years x 3 + 5 year right of renewals with 2072 final expiry
- Price: $15,355,000
- Yield 5.21%
- Income: $800,000 net pa
- Land: 1.0892ha
- Building: 3,582sqm

Block A: 129 Beachlands Road, Beachlands

- Beachlands Medical Centre
- Lease term: 8 years
- Income: $390,912pa
- Land: 1,613sqm
- Building: 1,296sqm

Block B2: 42 Kouka Road, Beachlands

- Tenants including Domino's Pizza, Harcourts etc.
- Lease term: 9 years
- Income: $304,152pa
- Land: 734sqm
- Building: 1,027sqm

For more information about these properties, contact the agents below.
JLL is pleased to market three passive investments in the newly constructed Pohutukawa Coast Shopping Centre, Beachlands, Auckland.

This is a unique opportunity to purchase three separate blocks within the shopping centre that host a range of high quality tenants - including an established medical centre. Statistics NZ shows Beachlands as a family friendly area with household income of $101,600pa compared to $76,500pa for the Auckland Region.

The features of each block are as follows:

Countdown Supermarket ...
Last updated

02 Oct 2018

Building

Whole


Floor area

2,640 sqm

Land area

2,347 sqm


Tenure type

Tenanted

JLL

Pohutukawa Coast Shopping Centre

129 Beachlands Road, Beachlands, Auckland
Expressions of Interest
Contact Agent
Retail
Property No. 9707

Property details

Three passive investments

JLL is pleased to market three passive investments in the newly constructed Pohutukawa Coast Shopping Centre, Beachlands, Auckland.

This is a unique opportunity to purchase three separate blocks within the shopping centre that host a range of high quality tenants - including an established medical centre. Statistics NZ shows Beachlands as a family friendly area with household income of $101,600pa compared to $76,500pa for the Auckland Region.

The features of each block are as follows:

Countdown Supermarket

- 20 year lease term from April 2017
- 10 years x 3 + 5 year right of renewals with 2072 final expiry
- Price: $15,355,000
- Yield 5.21%
- Income: $800,000 net pa
- Land: 1.0892ha
- Building: 3,582sqm

Block A: 129 Beachlands Road, Beachlands

- Beachlands Medical Centre
- Lease term: 8 years
- Income: $390,912pa
- Land: 1,613sqm
- Building: 1,296sqm

Block B2: 42 Kouka Road, Beachlands

- Tenants including Domino's Pizza, Harcourts etc.
- Lease term: 9 years
- Income: $304,152pa
- Land: 734sqm
- Building: 1,027sqm

For more information about these properties, contact the agents below.


Last updated

02 Oct 2018

Building

Whole

Floor area

2,640 sqm

Land area

2,347 sqm

Tenure type

Tenanted


Brokers

Ian Hall
+64 21 451 411
JLL - Auckland
Level 16, PWC Tower, 188 Quay Street
Auckland 1010
John Binning
+64 21 944 442
JLL - Auckland
Level 16, PWC Tower, 188 Quay Street
Auckland 1010