- For Sale
134 Manawapou Road, Hawera is an outstanding industrial investment opportunity for yield driven investors. The property enjoys a long term lease to a proven national distributor, modern and functional high stud warehousing and proximity to State Highway 3.
Constructed in 2009 to the highest standard, featuring a 10 metre stud warehouse, three roller door vehicular access points, concrete tilt slab and coloursteel cladding. A sealed secured yard provides easy truck manoeuvrability and 30 allocated car parks.
Leased to Argyle Performance Workwear Limited, an international supplier of safety equipment for the workplace established in 1979.
The property is located at the southern end of Hawera, Taranaki's second largest town. Feeding the rural satellites throughout the wider Taranaki Region. State Highway 3 dissects the city providing a vital link between northern Taranaki and the southern cities of north island.
Tenant: Safecare Solutions Limited
Net Rental: $285,410 per annum
Lease Term: 6 years with rights of renewals to 2031
Rent Review: 3 yearly to market. Ratcheted.
Rating Valuation: $2,500,000 (effective Sept, 2018)
Ref #: 216194