An excellent opportunity has emerged to secure a modern, low-maintenance industrial property in the heart of Mount Maunganui’s sought-after industrial precinct. This 1,500m² leasehold site features a well-designed 1,000m² (approx.) building, including a 735m² high-stud warehouse, ideal for manufacturing, storage, or logistics operations.
Currently leased to a successful local boat designer and builder, the property generates a net rental of $84,145.22 plus GST & OPEX (after the ground lease is deducted). With approximately 18 months remaining on the lease, this is an ideal opportunity for investors seeking a high-yield return or businesses looking to secure a quality premises for future occupation.
The central Mount Maunganui location provides excellent connectivity to major roadways and arterial routes, ensuring easy access for distribution and logistics. Constructed from quality, low-maintenance materials, this property offers both functionality and long-term value.
Asking price: $899,000 plus GST (if any).
For more information or to arrange a viewing, contact the sole agents Rich Davidson or Rob Schoeser.
Features:
- Total land area: 1,500m² (leasehold)
- Total building area: 1,000m² (approx.) Including a high stud warehouse of 735m²
- Current rental: $84,134.78 + GST & OPEX (after ground lease is deducted)
- Ample carparking
- Modern building
- Prime location
- Versatile building layout
More information: https://www.colliers.co.nz/p-NZL67032721
