Positioned in the tightly held industrial precinct of Whakatu, 39 Johnston Way set on a substantial 4,811m² site presents an outstanding opportunity to secure a versatile industrial property. The property is currently returning $130,000 net pa + GST through to December 2027; however, the existing tenant has indicated they would vacate should a purchaser require vacant possession, providing flexibility for both owner-occupiers and investors.

Whakatu has become a highly regarded industrial and logistics location, favoured for its central position between Hastings and Napier and convenient access to major transport networks. The property is located close to State Highway 2, the Hawke’s Bay Expressway, and key arterial routes connecting to Napier Port, Hawke’s Bay Airport, and the wider region. The surrounding area is home to a range of established industrial and trade-based businesses, reinforcing the precinct’s reputation as a strong operational base for industrial occupiers.

The improvements comprise an engineering workshop of 575.56m² and a modern 73.56m² office building. The workshop features five bays, stud heights ranging from 5m to 5.6m, a 20m service pit, and 3-phase power with selected outlets providing 32 amps. The modern office accommodation includes three offices, a comms room, kitchenette, and bathroom complete with a shower.

The large, sealed yard area with convenient drive-around access allows for easy vehicle manoeuvring and operational efficiency. 

Contact Danny Blair today for further information or to arrange a time to view.

More information: https://www.colliers.co.nz/p-NZL67041609