Key location with trophy tenant


14/20 Kensington Street, Putaruru

Asking Price NZD $1,550,000 + GST (if any)

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Key location with trophy tenant | 14/20 Kensington Street, Putaruru | 2312619 |      X Close
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Key location with trophy tenant


•975sqm (approx.) floor area

•2,313sqm (approx.) land area

•Trophy tenant, Fonterra Co-operative Group t/a Farm Source

•High profile site just off SHWY 1

•Prime retail frontage with rear yard access

An asset for any portfolio, this property is tenanted by Fonterra Co-operative Group Ltd t/a Farm

Source. It offers income certainty for the immediate years ahead and superb State Highway 1

visibility in a South Waikato town that thrives on farming, forestry and timber production.

A landlord can sit back and reap the benefits of a net annual income $112,396pa + GST. Three (3) years remain on the eight (8) year lease. Peace of mind is afforded by having the country's largest dairy exporter as a tenant in a 975sqm (approx.) building, seismic 34-50% NBS that sees an average 13,140 vehicles pass by each day.

Occupying a large 2,313sqm (approx.) site, the building has retail frontage and excellent rear yard access off Buckland Street. A wide range of businesses would vie for these facilities and this prominent spot close to Putaruru's CBD and service providers. An upsurge in population has prompted South Waikato District Council to put forward a Putaruru growth plan to support the region's growth.

Willem Brown

Hamilton

Licensed under the REA Act 2008

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14/20 Kensington Street, Putaruru

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Willem Brown

Hamilton

Licensed under the REA Act 2008

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