- For Sale
For SaleContact Broker
A prime property with a 5 metre high workshop of 350m², ground floor office/showroom of 88m² and mezzanine office amenities of 152m². Located less than 1 kilometre from the Expressway with awesome access to the region's key industrial areas including the Port of Napier.
The property has huge potential for upside with significant yard area which is ideal for expansion plus the opportunity to refurbish the current building to maximise rental. The current lease is $75,000 pa and includes a three month break clause; the current net market rental has been assessed at $125,000 pa (as is) and renovated lease has been estimated at $180,000 (plus GST and OPEX).
Ideally suited for a wide range of industrial activities including trade retail, logistics, engineering and storage to name a few. This is a highly held area which is home to well-established international and local businesses that include Furnware, Saeco, Compac (Tomra), Fresh Max, McCains, Cervus and many other major suppliers and service providers.
Note this property is also available FOR LEASE.
Ref #: 217071