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Renewable Energy Investment With 30 Year Lease

124 Lamb Road, Pukenui

Industrial Buildings
gavel

Auction

Floor area
1m2
Land area
15.86ha
Covered park
40
On this page:

Auction

Friday
11:00am
NAI Harcourts Whangarei Auction Rooms, Level 2, 33-35 Robert Street, Whangarei
25
Sep

Map

Property details

Listing # NW2767 | Listed on 20 August

NAI Harcourts is instructed by the executors of the estate to bring 124 Lamb Road, Pukenui to the market for sale.

Positioned in the sun-drenched Far North, this 15.8555 Ha freehold property offers a long-term cash-flow investment. Fully tenanted by a consented and operational solar farm, this asset presents a prime opportunity for passive wealth generation through renewable energy.

Key Investment Highlights:
• Secure Passive Income: Net annual rental of $62,964 +GST, with all outgoings recovered from the tenant.
• Long-term cash-flow duration: Secure income security underpinned by a 30-year registered lease from 2022, complete with a 30 year right of renewal to lock in generational cash flows.
• Annual rental upsides: Built-in annual CPI rent adjustments ensure continuous yield protection against economic shifts over the life of the lease.
• Ideal for private investors, investment companies, and Iwi seeking a zero-friction, institutional-style asset requiring no day-to-day management.
• With direct exposure to New Zealand's clean energy transition and generation, this investment provides for an outstanding ESG alignment.

Whether you are expanding a family investment portfolio with long-duration cash flows or seeking a premier sustainable asset with secure fundamentals, this Far North solar farm delivers security, scale, and sustainability in equal measure.

Contact Paul van den Berg and Steve Smyth today for more information.


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