Positioned in the heart of Onekawa's established industrial precinct, 106 Niven Street presents an attractive leasehold investment with genuine future upside.
The property comprises a tidy 560m² warehouse currently occupied by NTD Plastics Limited, returning $62,508 per annum. With the current lease expiring on 31 July 2027 and the tenant having confirmed they will not be renewing, purchasers have a rare opportunity to secure an income stream today while planning for future occupation, redevelopment, or value-add initiatives.
Whether you're an owner-occupier looking to secure premises for your business, or an investor seeking a property with future flexibility, this offering deserves serious consideration.
Property Highlights:
- 560m² industrial warehouse
- Established Onekawa industrial location
- Returning $62,508 per annum
- Lease expires 31 July 2027
- Tenant has confirmed non-renewal
- Future owner-occupier opportunity
- Potential to add value and reposition
- Leasehold tenure
Industrial properties with a clear pathway to vacant possession are increasingly difficult to find. Secure your future in one of Hawke's Bay's most sought-after industrial locations.
To be sold via deadline sale (unless sold prior) with the deadline date being 4pm Thursday July 2 , 2026
Contact us today for further information or to arrange an inspection.
