Lot 2-4 & 6 Waratah Place, Tokoroa, South Waikato

Current annual net rental $1+GST - add value here!

FOR SALE BY DEADLINE PRIVATE TREATY (unless sold prior) 4pm, Monday 1st October 2018

- Two titles totalling 4,075sqm land area with dual frontages and excellent exposure to SH1
- 2-4 Waratah Place - includes 183sqm workshop building being sold with vacant possession
- 6 Waratah Place - part leased to BP Oil NZ Limited at an annual peppercorn rental of $1 + GST with further development potential
- Add value provincial opportunity for Owner Occupiers, Developers or Land Bankers

This offering comprises two adjoining industrial properties that form an irregular shaped block situated at the southern entrance to Tokoroa township. Part of one of the properties is leased to BP Oil New Zealand Limited for a truck stop operation at a peppercorn rental of just $1 + GST per annum and the balance of both sites are being sold with vacant possession.

2-4 Waratah Place comprises a 1224sqm L shaped corner industrial zoned site that includes an older workshop building with offices and amenities. The property is situated on the corner of State Highway 1 and Waratah Place and enjoys excellent highway profile from this prominent position.

6 Waratah Place comprises a 2851sqm irregular shaped industrial zoned site that has dual access from both State Highway 1 and Waratah Place. The majority of the site is leased to BP but also includes two small portions of land with potential to be developed utilising the shared right of way areas.

This is an affordable add value provincial opportunity which given the centrality of the Tokoroa location must appeal to owner occupiers, developers and or land bankers!