Commercial

Large format retail investment with development

107 Ford Road, Onekawa

Commercial Land
dollar

Deadline Sale

Floor area
536m²
Land area
2819m²

Map

Property description

Listing # NC232057|Listed on 9 July

Positioned on a prominent 2,819m2 (more or less) site fronting Prebensen Drive, 107 Ford Road, Onekawa presents a compelling investment opportunity combining secure holding income with future development potential.

The property comprises a 535m2 (approximately) two-storey commercial building and is leased to Kennards Hire on a five year lease with annual CPI rent reviews and two rights of renewal, providing long-term income security.

Property Highlights

  • 2,819m2 (more or less) freehold site
  • 535m2 (approximately) two-storey building
  • High-profile frontage to Prebensen Drive
  • Five-year lease to Kennards Hire
  • Annual CPI rent reviews
  • Two rights of renewal
  • Large Format Retail zoning
  • Excellent future development and value-add potential (subject to council requirements)
  • Strong holding income with long-term upside

Secure a well-located commercial investment underpinned by a quality national tenant while benefiting from the long-term potential of this highly visible Large Format Retail site. Contact Property Brokers Commercial today to learn more.

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Property Brokers Ltd (Licensed: REAA 2008) - Hastings

Nigel Edge

Property Brokers Ltd (Licensed: REAA 2008) - Hastings
55 active listings

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