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Colliers Taupo, Tremain Commercial Ltd, (Licensed: REAA 2008)
Hugh Milloy Hugh Milloy

26, 40

Price by negotiation

Listing Description

Listed: Tue, 26 Nov

8,354sqm Transport Services Industrial for sale

26, 40, 42 Matai Street, Tauhara, Taupo, Waikato

Price by negotiation

Details

  •   1274m² Floor
  •   8354m² Land
AttributeValue
Property use
Industrial
Agency reference
67032109

Description

For sale as one are three titles at 26, 40 & 42 Matai Street in the heart of Taupo's Tauhara industrial area. The properties total c.8,354sqm in land area and contain c.1,274sqm of total floor area in buildings located on 40 & 42 Matai Street. 26 Matai Street is a vacant site. All of the land and buildings are leased to three tenants:

  • Tranzit Group Limited
  • Vehicle Testing New Zealand Limited
  • Taupo Heavy Diesel Limited

The total net annual rental is $223,700 plus GST and outgoings.

The Tranzit Group is New Zealand's largest family-owned transport and tourism company operating throughout Aotearoa, New Zealand. For almost 100 years, it has held the reputation of being pioneers and innovators in the bus and coach industry.

Vehicle Testing New Zealand Limited (VTNZ) is a company based in Wellington that carries out government-mandated Warrant of Fitness and other inspections of motor vehicles. It is the largest vehicle inspection company in New Zealand.

Taupo Heavy Diesel specialises in the servicing and repair of diesel engines and heavy trailers. The business provides a 24/7 service offering.

For detailed information, contact Hugh or Michael. Call Hugh on 021 901 390 or email hugh.milloy@colliers.com
Call Michael on 027 826 2750 or email michael.jones@colliers.com

Key features:

  • c.8,354sqm site
  • c.1,274sqm workshop | vehicle inspection facilities | offices
  • c.$223,700 current net annual rental
  • Periodic Market & CPI rent reviews
  • Three tenants
  • Landbank with substantial cash flow

Property Files

Hugh Milloy

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Agent's details

Hugh Milloy
Michael Jones

Enquire about the property

Colliers Taupo, Tremain Commercial Ltd, (Licensed: REAA 2008)

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