Purpose-built for the current tenant, this high-quality industrial investment presents an exceptional opportunity to secure a modern, purpose-designed facility underpinned by a strong national tenant covenant.
Positioned on a prominent 6,000m² corner site within Whakatu, Hawke’s Bay’s premier industrial precinct, the property comprises approximately 2,889m² of improvements including a substantial warehouse, semi-enclosed canopy, two-level office and amenities block, office annex, outdoor staff area and pump shed. Originally constructed in 2010 and extended in 2015, the warehouse has a stud height of 6.3-metres at the knee and well-appointed two-level office and amenities block. It has been built to a high specification which includes a bunded perimeter for oil spill containment and is fully sprinkler protected.
The property is underpinned by a 10-year lease to TotalEnergies Akashic SPE.NZ Limited, commencing October 2020 and returning $312,000 net pa + GST.
Strategically located within the tightly held Whakatu industrial precinct, the property enjoys excellent access to State Highway 2 and Hawke’s Bay’s key arterial transport routes, providing efficient connectivity to Hastings, Napier, the Port of Napier and the wider regional freight network.
High-quality industrial investments of this calibre, combining modern improvements, purpose-built functionality and a strong tenant covenant, are seldom available to the market.
Contact Danny Blair today for further information.
Features:
- $312,000 net rental pa + GST
- Strategic Whakatu industrial location
- 6,000m² prime corner site
More information: https://www.colliers.co.nz/p-NZL67042311
