Colliers are delighted to offer a prime large format retail asset to the market with proven performance and positioned in a strategic location.
The property spans 6,717m2 (more or less) of land area with blue-chip tenant covenant in a building measuring nearly 3,528m2 (approximatley).
Subject to tenant board approval, The Warehouse Group will extend the current term to 1 September 2032 with three (3) rights of three (3) year renewals.
Oamaru is the largest north Otago township supported by a wide range of commercial activities between Dunedin and Timaru extending up the Waitaki River to Omarama.
For Sale by Deadline Private Treaty closing Thursday 4pm, 3 July 2025. (unless sold prior)
Boundary lines are indicative only.
Features:
* Tenanted to The Warehouse Group
* Term extended to 1 September 2032 (subject to board approval)
* Annual Net Rental $418,599.96 plus GST
* Land Area 6,717m2 (more or less)
* Building Area 3,528m2 (approximately)
* Excellent onsite car parking
* Mixed Use Zoning
* Strategic location next to Countdown Supermarket
