This is a strategic industrial investment offers scale, income, and long-term potential. Set on a substantial 11,149sqm freehold site, the property comprises a 1,230sqm building returning $245,163pa + GST + outgoings annually, with a fixed rental uplift in 2026 providing future income growth.
Anchored by a strong tenant covenant, a reputable long-term occupant with an established trading history Higgins Group, this is a dependable asset for passive or add-value investors alike.
Sound property fundamentals support the investment case. This includes a high seismic rating and a highly functional mix of warehouse, yard, and office spaces, enhancing leasing flexibility into the future.
Don’t miss this opportunity to secure a quality industrial investment with scale, income, and long-term upside in a high-growth location.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/58ruahinestreet
- Net rental $245,163pa + GST with fixed rental growth
- Net lease structure
- Strong Tenant Covenant in place lease to Higgins Group Holdings Limited
- Functional warehouse/yard/office configuration
