This is a unique opportunity to purchase two quality industrial units in the heart of the vibrant Mount Maunganui industrial zone.
This property is held in two freehold titles (no Body Corp) and consists of two adjacent premises with a large exclusive fenced yard that is currently leased to a national food distribution business, Provida Foods.
The tenant also owns the majority of the substantial internal improvements including refrigeration equipment for cool storage which will only ensure the longevity of their tenure.
This property not only offers the security of a lease with guaranteed annual rental growth but also the future flexibility of leasing as two separate tenancies with substantial tenant owned improvements.
Ref #: 20782601
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