This Industrial investment property is in a prime position on Omahu Road and located close to Stortford Lodge and the Expressway. Neighbouring and nearby businesses include Harris Pumps, Hastings Honda, Hydralada Sales, Saeco, NZ Safety Blackwoods and Hastings Ford, which are testaments to the quality of the location.
The property is being sold with a 3 year lease of $87,500 plus OPEX and GST to EQM Industrial (terms to be confirmed) who are the leading supplier of power transmission, conveying technology and packhouse equipment, with the business growth being created over 30 years.
The property comprises two freehold titles, 767m² of industrial workshop constructed in 1992 and the 2000s, with office and amenities accommodation plus a 3 bay open leanto of 89m² with a concrete floor. The properties have dual access and are supported by a well maintained yard which is mostly hardpack and fenced.
A seismic report has confirmed the property is 80% NBS.
A multi-purpose property in a high demand area with extremely low vacancies. Contact Rob Nankervis for further details.
The information memorandum can be downloaded via the secure documents link at https://www.colliers.co.nz/p-NZL67013013.
Ref #: 20601161
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