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National Tenant & Future Upside

15 Logyard Road, Port Whangarei

Industrial Buildings
dollar

Deadline Sale

Floor area
1572m2
Land area
5862m2
On this page:

Deadline sale

Wednesday
2:00pm
22
Apr

Map

Property details

Listing # 67038746 | Listed on 20 March

As sole agents, Colliers are proud to present 15 Logyard Road, a rare opportunity to secure a high- quality industrial investment in one of Whangārei’s most tightly held logistics precincts.

Positioned on 5,862sqm of Light Industrial zoned land, this modern asset features a purpose-built 850sqm of warehouse & amenities, plus a substantial 722sqm covered loading bay, providing excellent all‑weather operational efficiency.

The site benefits from dual access, excellent vehicle circulation, and a substantial metalled rear yard included within the lease. With only 26% site coverage, the property provides exceptional usability for logistics while retaining long‑term development flexibility.

The asset is securely leased to Mainstream, a well‑established national operator, on a new 6‑year lease commencing 1 April 2026.  This provides investors with reliable income, strong covenant strength, and favourable rent‑growth mechanisms.

Located within the sought‑after Port Road/Logyard Road industrial hub, the property benefits from excellent connectivity to the state highway network, major arterial routes, and key commercial catchments. This strategic position has long made the precinct a preferred base for transport & freight.

This property is for sale by Deadline Private treaty, closing Wednesday 22 April at 2:00pm.  

Contact Megan (027 346 4194) today to discuss this high‑quality Whangārei industrial investment or arrange a viewing.


Features:

  • Returning $246,349 + GST net p.a.
  • Reputable national tenant on a new 6 year lease
  • Functional 1,522sqm building, built in 2021
  • Prominent position at beginning of Logyard Road
  • 5,862 sqm freehold light industrial zoned section
  • Low site coverage (26%)
  • Rental growth provided by annual rent reviews
  • 50m road frontage and dual access


More information: https://www.colliers.co.nz/p-NZL67038746

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