2/115 Felton Mathew Avenue, St Johns National branded liquor shop - 10 year lease

Available PropertyFiles:

  • Property File.zip
  • /Body Corp Documents/
    • Disclosure Documents.zip
  • /Lease Documents/
    • Deed of Lease (2019).pdf
    • Rent Review (2025).pdf
  • /Reports/
    • 113-117 Felton Mathew Ave BWOF & Reports 2025.pdf
    • IEP Report (2026).pdf
    • LIM - 2 -115 Felton Mathew Ave, St Johns.pdf

Property Description

• Existing 10 year lease from October 2019 plus 2 right of renewals of 5 years
• Returning a net rental of $73,027pa + GST with 2 yearly rent reviews
• Well-established convenience retail complex developed in 2012 by a reputable and experienced commercial developer
• Surrounding businesses include Carl's Jr, Columbus Coffee, Jetts and Woolworths

Offered to the market is a secure retail investment underpinned by a long-standing tenancy, St Johns Liquor Centre. The premises has operated as a liquor retail outlet since 2012 and is on an existing 10-year lease from 2019 with further rights of renewal in place.
Liquor Centre - founded in 1992, is a recognised national franchise which is part of New Zealand's largest liquor chain which, along with Liquor Spot, has over 230 stores across New Zealand.

The property has been held by the current owner since its redevelopment and has remained fully tenanted throughout. It comprises approximately 212sqm (more or less) of floor area and benefits from ample shared car parking within the complex.

Strategically positioned within the Merton East Retail Complex, the property is surrounded by established national and local operators including Carl's Jr, Jetts Fitness, Columbus Coffee and Saint Johns Butchery, with Woolworths and Colin Maiden Park located directly opposite.

An affordable retail investment with an established tenant and favourable lease covenants - this is not to be missed.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Matt Lee

Bayleys Real Estate Ltd

Licensed REAA 2008

09 375 8424   021 1515 505   matt.lee@bayleys.co.nz   All Listings

Matt Lee is a Senior Commercial Broker focused on Development, Commercial Sales and Leasing.

Joining the Real Estate Industry with Bayleys in 2013, Matt was quick to exhibit and develop strong Real Estate brokerage knowledge and skills, as a key part of Bayleys highly successful International Sales Team working closely with James Chan, Bayleys first salesperson to achieve $1 billion in transactions. Specialising in the Commercial sector, Matt was involved in a significant level of Standalone and Unit Title sales and leases all throughout the Auckland region, and in 2020 was promoted to the position of Senior Broker.

From 2021 to 2022, Matt focused on the Development and Project Marketing sector, heading up the Project Marketing Division for a global real estate brand, marketing and selling projects with a combined market value of over $500 million across New Zealand, from development sites, terrace housing, apartments through to sections, and leading a team of 15 specialised project marketing agents.

Returning home to Bayleys in August 2022, has developed a strong understanding of both the local and global markets. Together with Bayleys and their market-leading resources, Matt has his finger on the pulse of real estate property trends and developments, ensuring opportunities are maximised and clients’ assets and expectations are surpassed. A product of the highly regarded University of Auckland, Matt graduated with a conjoint Bachelor of Property and Bachelor of Commerce (with a double major in Marketing and Management) degree. Influenced by his Chinese heritage, Matt values integrity, respect, dedication, hard work and diligence, and he has that willingness to go that extra mile to ensure successful results for his clients.