Colliers is proud to present to the market for sale this premium regional industrial investment opportunity at 17 Lindsay Road in Waipukurau.

The property is leased for a 5-year term to a strong national tenant, Higgins Group Holdings Limited, with the current lease term expiring on 28 October 2028. 

This site represents a large landholding of 2.89 hectares, situated on a prominent corner site on State Highway 2.

The existing infrastructure of 1,940sqm has recently been strengthened to 70% NBS, offering investors peace of mind.

The property is available For Sale with an Asking Price of $1,150,000 plus GST (if any).

For more information on this opportunity, contact Angus or Ash today.

(Note. Floor areas, land areas and boundary lines are indicative only). 

Features:

• Substantial freehold land area of 2.885ha (more or less)
• Total annual net rental $96,470 + OPEX + GST
• Seismic status: 70% NBS (PS4, prepared by Strata Group Consulting Engineers Ltd, dated 27 Feb 2025)
• Lease Term Expiry: 28 Oct 2028, with further rights of renewal
• Rent reviews: 5 yearly to CPI and market on renewal

More information: https://www.colliers.co.nz/p-NZL67034930