A rare opportunity to secure a substantial 3,512m² (approx.) industrial site comprising multiple freehold titles, fully tenanted and producing holding income. Offering a strong combination of income security and future flexibility, the property presents an attractive investment.
This property is tenanted by South Waikato Precision Engineering, a well established engineering business providing high quality fabrication, machining, maintenance, and manufacturing solutions to clients across the Waikato and wider Central North Island. The company has built a strong reputation for delivering precision workmanship, reliable service, and practical engineering expertise across a range of industries including forestry, agriculture, transport, and industrial manufacturing.
A significant proportion of the company's revenue is generated from customers located outside of Tokoroa. While one of its major clients is based locally, the business exports its products internationally, providing South Waikato Precision Engineering with exposure to global markets. This diverse customer base reduces reliance on the local economy and supports the long term strength and resilience of the tenant
Features:
- Returning $138,452p.a + GST + outgoings
- 5 year lease term from June 2026
- Fixed rental increases
- Well established tenant
- Approximately 3,512 sqm of freehold land
- 5 freehold titles
- Approximately 1,728.70 sqm of building area
- Attractive return
More information: https://www.colliers.co.nz/p-NZL67040617
