Sign up

Listed 6 months ago

ID#492273

Mt Maunganui

Mt Maunganui / Papamoa
Tender
0
0
1.47 Acres
4.01 Acres
* 1.47 Acres=5,961m²   4.01 Acres=16,251m² (1.63 Ha)

Lucrative industrial investment

• Significant 5,961sqm cold storage complex with strong tenant covenant

• Substantial freehold 16,251sqm site with excess land for future expansion

• 10 year lease term from July 2019 plus two x five year rights of renewal

• Impressive annual net income of $854,630 + GST with CPI rental growth

• Tenant an essential service business during Covid-19 lockdown periods

Outstanding opportunity to secure a premium investment property located in the coveted Mount Maunganui Industrial Zone in close proximity to the Port of Tauranga.

This well presented cold storage complex is fully leased to the highly reputable Cold Storage Nelson (CSN) who hold a strong strategic position in the temperature controlled export sector.

Seldom does a sizeable industrial investment of this scale present itself to the market with such a strong tenant, long term lease and desirable location.

IM and Due Diligence Pack only available on signing of a Non Disclosure Agreement so call Team Bradley today to discuss this lucrative investment opportunity.

Ask a question about this property

Please leave this field blank:
NAME
EMAIL
MESSAGE

Agents

Brendon & Lynn Bradley

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Ryan Bradley

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Ryan brings a wealth of experience from Wilson Parking New Zealand where he led the Auckland based sales and leasing team responsible for 120 car park premises in the upper North Island. During 5 years in the business Ryan also gained valuable knowledge in facilities management and was lead negotiator for Wilson Parking successfully securing tenure with numerous national tenants. Ryan’s outstanding communication and presentation skills also landed him a cameo as a TV and Radio Presenter for TAB Trackside. In 2018 Ryan joined the Bayleys Tauranga Commercial Team to combine his property experience with his presentation prowess with immediate success. Son of top commercial agents Brendon & Lynn, Ryan continues the Bradley legacy providing professional and innovative solutions in facilitating all property sales and leasing transactions.

read more

This property was photographed by

James Sales

Bay of Plenty

CAA Part 102 Certified
ID#492273

Mt Maunganui

Mt Maunganui / Papamoa
Tender
proudly marketed by
Brendon & Lynn Bradley Ryan Bradley
Success Realty Ltd MREINZ
021 816 600 (B) 027 441 1213 (L)
Ryan
027 472 2865
Message us about this property

Leave a message for James Sales

Please leave this field blank:
I Would like to
NAME
EMAIL
YOUR AGENT'S NAME
PHONE
MESSAGE
SALE ORDER