A substantial heavy industrial opportunity comprising 1.37 hectares of freehold development land on Mill Road, Whakatāne. The site offers excellent flexibility, with subdivision potential and the current owner is open to selling the property as smaller lots to suit a range of occupiers or developers.
The land is level and currently occupied by the Whakatāne Mill. It benefits from sealed road frontage to the north, south and west boundaries, providing multiple access points and the ability to manage efficient vehicle movements and directional traffic flow if required.
Strategically positioned, Mill Road offers direct connectivity to State Highway 30 and is only minutes from The Hub, Gateway Industrial Area and Whakatāne township, making this a highly accessible and well located industrial holding.
Existing improvements on site are currently leased, with a 12 month notice period in place. This provides the option to retain the buildings as an income stream while development or subdivision is progressed, or alternatively achieve vacant possession within 12 months to fully utilise the entire site.
Lease opportunities are also available.
For further information or to discuss this opportunity in more detail, please contact Sean.
Features:
- For Sale or Lease
- 1.37 hectares of land
- Flexible subdivision potential
- Holding income available while development or subdivision is progressed
More information: https://www.colliers.co.nz/p-NZL67039603
