147 Clyde Street, Balclutha, Otago

147 Clyde Street, Balclutha presents an opportunity to acquire a well located property underpinned by a 20-year lease which commenced in December 2015, delivering enduring income certainty.The property is leased to Z Energy Limited, one of New Zealand's most established and financially robust fuel and infrastructure operators, providing investors with the assurance of a strong tenant covenant. Z Energy subleases part of the property to Regional Ford, a well-recognised regional automotive operator, ensuring active occupation and alignment with the property's functionality.The site occupies a prominent position along Clyde Street (State Highway 1), the main street through Balclutha, the property benefits from excellent exposure and is easily accessible to passing traffic.The site is further enhanced by a generous yard and parking area, supporting operational flexibility and long-term tenant retention. Assets offering this combination of long lease term and strong tenant covenant are tightly held, particularly in regional markets with limited supply.Some of the key investment highlights are as follow:• Site area 1,656m² (more or less)• Freehold tenure• Zoned Urban Resource Area• Profile SH1 corner site• Leased to Z Energy Limited• Initial term of 20 years (commenced 1-Dec-2015)• Current rental $54,262.09pa plus GST For sale by Deadline Private Treaty closing 4pm, Thursday 2nd July 2026 (unless sold prior).Contact the nominated broker for more information.