
Dan Murphy's West End
404 Montague Road, West End, QLD, 4101, AU
JLL is excited to exclusively present a rare, generational opportunity to acquire Woolworths Taupō Central, a brand-new, purpose-built supermarket investment delivering fortress-grade security and exceptional income. This is one of Woolworths' highest-grossing regional stores nationwide, anchored by a blue-chip ASX Top 50 covenant in a never-to-be-repeated central Taupō location. With structural undersupply and powerful demographic tailwinds, this asset is positioned for sustained capital growth and unmatched income certainty.
Woolworths has maintained a trusted presence on this prominent site since 1961. Following a full redevelopment completed in September 2025, the modern, state-of-the-art store now occupies a highly visible 7,309 sqm freehold corner site at the intersection of Spa Road and Tongariro Street, in the heart of Taupō's CBD. Designed to achieve 5 Green Star certification, positioning this among New Zealand's elite sustainable commercial properties and futureproofing against evolving ESG requirements. With a defensible competitive position, exceptional trading performance, and a new 10-year lease anchored by renewal options, Woolworths Taupō Central represents an outstanding institutional-grade investment.
For sale via Deadline Private Treaty, closing 4:00pm (NZDT), 22nd October 2026 (unless sold prior). Please contact the exclusive listing brokers below for further information.
• Brand-new, state-of-the-art purpose-built supermarket (4,171sqm) located in the heart of the Taupō CBD.
• Fortress covenant with exceptional trading performance - leased 100% by General Distributors Limited (Woolworths New Zealand, ASX: WOW).
• Long-Term Income Security - underpinned by a new 10-year lease with renewal options
• Strategic corner site with multi-directional access providing exceptional vehicular access driving strong forecast sales growth.
• Absolute customer convenience with 195 total car park spaces, including 146 basement parks.
• Highest build standards with the building designed to 5 Green Star
• Annual net rental income of $2,097,553 + GST


