A substantial, industrial landholding offering established income and genuine future upside - 71 Ruahine Street ticks all the boxes for buyers looking beyond the immediate return.
Set on a sought-after 4,112sqm freehold site, the property provides established accommodation for Clive Taylor Haulage Limited (and part sub-tenant), delivering a current net income of $108,000 p.a.
The lease has recently been renewed for a further three years from 1 February 2027 and with an additional right of renewal takes the final expiry through to January 2033, providing income generation while allowing time to consider the property's longer-term potential.
Positioned close to key arterial routes north and south and surrounded by established operators including Electra, Higgins and Storage One, this is a proven industrial location with the scale and connectivity to support its longer-term potential for larger operators, owner-occupiers and future developers.
Industrial land of this calibre is tightly held — and this property has been held by the same ownership for an impressive 32 years. Now the opportunity is yours - secure an established income stream today, with the scale, location and landholding to unlock tomorrow's potential.
71 Ruahine Street — an established industrial investment with room to grow.
Deadline Private Treaty closing Wednesday 11th November 2026, 2pm (unless sold prior).
For more information or to arrange a viewing contact:
Dean Anderson on 021 244 2931 dean.anderson@colliers.com
Jo Stewart on 027 641 1680 jo.stewart@colliers.com
*Please note all areas and values are approximate only
Features:
- 4,112sqm freehold industrial site
- $108,000 p.a. net income
- New 3 year renewal until 2030 plus further ROR
- Strong industrial location with future upside
More information: https://www.colliers.co.nz/p-NZL67042783
