•Tenanted investment
•1,856sqm (more or less) industrial land
•Own entrance from Kohunui Street
•200sqm (approximately) shed
A straightforward industrial investment with income in place.
Set on 1,856sqm (more or less) of freehold land, this property is tenanted on a two-year lease returning $27,000pa + GST and outgoings. Located within an established industrial pocket of Ngatea, it offers an affordable entry-level investment with steady cashflow and future flexibility.
The 200sqm (approximately) high-stud shed provides workable space for workshop, storage, or service use. Wide sliding doors open onto the yard, while a separate entry leads into an office area. The layout allows good vehicle access and parking, with its own entrance directly off Kohunui Street.
Positioned among established businesses including veterinary and engineering services, the site sits within a practical, long-standing industrial environment. A no-nonsense investment opportunity with a tenant in place and scope for future options.