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Colliers Tauranga Commercial, CPS Partnership Ltd, (Licensed: REAA 2008)
Richard Davidson Richard Davidson

Unit 2, 6 Hynds Road

Asking price $1,420,000

Listing Description

Listed: Fri, 24 Oct

International Tenant - 6.5% return

Unit 2, 6 Hynds Road, Gate Pa, Tauranga, Bay Of Plenty

Asking price $1,420,000

Details

  •   328m² Floor
  •   932m² Land
AttributeValue
Property use
Industrial
Agency reference
NZL67036993

Description

Unit 2, 6 Hynds Road is an industrial tenanted investment located in the Gate Pa industrial precinct. Leased to long term tenant, Ventia NZ Operations Limited, the unique combination of warehouse, offices & fenced yard area this property comprises works well for Ventia’s specific property requirements. The modern industrial unit includes significant open-plan, light-filled offices and a high stud storage area. The adjoining yard area is fenced & sealed, and currently used for vehicle and material storage. The area could be developed further in the future and is a rare opportunity in this location.    With approximately 18 months left on the current lease term there is an opportunity to retain the existing tenant long term or occupy the property at the end of the current lease term.    Contact Rich or Rob to receive an information pack or arrange a viewing of this versatile investment today.  

Features:

  • Building area: 328m² (approx.)
  • Land area: 932m² (approx.)
  • Current rental: $92,400 plus GST & OPEX
  • 18 months to go on 3-year term
  • Long-standing tenant
  • Parent company of tenant listed on ASX
  • Modern building with quality offices
  • Added development land/yard

For Sale by Asking Price of $1,420,000 + GST (if any)

More information: https://www.colliers.co.nz/p-NZL67036993


Property Files

Richard Davidson

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Colliers Tauranga Commercial, CPS Partnership Ltd, (Licensed: REAA 2008)
Richard Davidson

Richard Davidson


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Agent's details

Richard Davidson
Rob Schoeser

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Colliers Tauranga Commercial, CPS Partnership Ltd, (Licensed: REAA 2008)

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