Sold
Commercial

Lot 295 and Lot 297 Paerangi Place Tauriko, Bay of Plenty 3110

Sold on 21 Dec 2017
  • Building: 4,066.4m²
Agents

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Commercial in Tauriko

NEW INDUSTRIAL INVESTMENT - 15 YEAR LEASE

  • Building: 4,066.4m²

Site: 7500m2 (approx.) freehold land.
Building: Factory 2,783.9m2, Office 292.2m2, Canopy 507.6m2, Cold/cool store 482.7m2, Hardstand 1,018.30m2 (500m2 usable).

Tenant: New Zealand Specialty Kiwifruit Products Limited ("NZSKP")

15 year lease commenced 28th June 2017

Outgoings: 100% paid by Tenant

Rental guarantee in place from Tenant's Bank

Current Rent: $644,069.74 net rental including amortised works (+ GST per annum, plus 100% outgoings + GST) spread over the term of the lease (15 years plus 9 year RoR)

Rent reviews are set to CPI on an annual basis (on the base rental only)

Unique opportunity to acquire a magnificent New Industrial Investment in Tauranga

For Sale by Negotiation
Contact the SOLE AGENT for further details!

Property ID:

TCM22195

Building:

4,066.4m²

Zone:

Industrial Business

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