Colliers is pleased to present 40 Moorhouse Avenue, Addington, Christchurch to the market for sale.
Z Moorhouse represents an outstanding opportunity to purchase an investment that ticks all the investment boxes, high quality listed tenant, prime corner location, long term lease with annual CPI increases.
The modern site features a large open canopy that houses eight fuel pumps, as well as a retail building and a carwash. With multiple entry points, this building is well position to service a wide range of customers coming from all areas of Christchurch. There is also ample car parking both in front of and behind the main retail space. The fuel pumps feature “Pay-at-Pump” facilities, as well as state of the art “Pay-by-Plate” technology which sees motorists being able to pull into the station, fill up, and then leave, without so much as having to reach for a credit card. There are also additional gas station amenities like an LPG gas bottle exchange, and an EV charging station.
Inside, the retail building hosts a Z Espress café, serving food and coffee to customers on the go.
Due to its position, the building has a large amount of exposure in the area with ample signage acting as a billboard to passing traffic.
Contact the sole agents for further information.
For sale by negotiation.
*Boundary lines are indicative only.
Features:
- High profile corner site
- NZX and ASX listed tenant
- Modern building constructed 2013
- Prime Moorhouse Ave location
- Market & CPI growth
- Two street frontages
- Long term lease - circa 11+ years remaining
- 100% NBS
- Net annual rental $442,974 pa
More information: https://www.colliers.co.nz/p-NZL67014823
