Colliers Taupo has been exclusively appointed to market 2 Titan Way for sale By Negotiation.
Industrial properties with this level of rental income do not often become available for sale in Taupo. Strategically located on a 10,237m² site just a 3-minute drive from SH1 in the Centennial Industrial zone this property offers:
- 10,237m² (more or less) of land
- 1,895m² (more or less) buildings constructed in 2013 and comprising:
~ 726m² workshop/warehouse constructed in 2013
~ Canopy 1001m² area, enclosed on 3 sides, housing the tenant’s manufacturing facility
~ Office/Laboratory/Amenities area of 168m² warehouse
- Leased to Activated Carbon NZ Ltd, a New Zealand industrial technology company converting Pinus Radiata waste to high value black carbon particles with a wide range of industrial applications
- Annual rental $245,000.00 plus GST & outgoings
- New 6 year lease term commencing 1 September 2020
- 3 x 6 years Right of Renewal
- Substantial shareholder guarantees
Call Hugh Milloy, 021 901 390 or Jack Hughes 021 242 4742 for further information and to view.
Ref #: 20517675
- Contact our experts for details on this transaction.