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Impressive Industrial

27 Progress Drive, Otorohanga

Industrial Buildings
dollar

$1,350,000 Plus GST (if any)

Land area
2332m2
Title type
Freehold
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Property details

Listing # ORE139 | Listed on 10 July


Take this opportunity to secure this fantastic industrial building. Well laid out high stud building purpose built for the tenant's use but versatile for many activities. Total rentable floor area of 1078.8 square metres. Concreted yard, drive thru and drive around access.

Tenanted to a well established business providing mechanical services for commercial vehicles. Tenant well placed to service the Otorohanga 'transport hub'

Annual net return of $88,831.10. Outgoings paid by tenant.

Asking Price: $1,350,000 + GST (if any)

Return: Over 6.5%

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