Retail portfolio

Colliers International NZ Limited has been exclusively appointed by New Zealand Retail Property Group to market 8 tenanted freehold properties located within Westgate Shopping Centre, Auckland.

Home to some of New Zealand’s best known national and international brands, the Westgate Shopping Centre, and the residential and commercial areas surrounding it, continues to expand to form the central hub of one of Auckland’s primary growth nodes. Recoginising this potential, some of the world’s largest international retailers, some of which are new to New Zealand, have selected Westgate for major new development.

The properties are offered for sale either individually or collectively by way of deadline private treaty, closing 4pm Wednesday 19th June 2019. Offers are to be lodged at the offices of Colliers International, Level 27, 151 Queen Street, Auckland, or by email via one of the appointed agents.

Tenants include:

12 tenants

across 8 freehold properties

High Growth Location

off north western motorway

Diverse income range

$109K - $4M

High profile investment
Long term leases

Structured Rental growth

18,915m2 total NLA

tenancies from 139-8,055m2

1

The warehouse + Wet & Forget

2

Crackerjack + torpedo 7

3

Chemist warehouse

4

Event cinemas

5

Westgate bowling

6

texas chicken

7

Robert Harris

8

F45 + Physio

map

Method of sale

Colliers International is marketing the properties for sale by Deadline Private Treaty closing Wednesday 19 June 2019 at 4:00pm (unless sold prior). Prospective purchasers are invited to submit offers addressed to Colliers International Limited in the form of the Sale and Purchase Agreement provided within the online data room.