Trophy tenant - prime position


62-68 Tasman St and 33 Domett St, Opunake

Asking Price NZD $1,650,000 + GST (if any)

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Trophy tenant - prime position | 62-68 Tasman St and 33 Domett St, Opunake | 2312621 |      X Close
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Trophy tenant - prime position


•1,240sqm (approx.) floor area

•3,054sqm (approx.) land area

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

•Prime corner site

•Substantial land holding in dairy heartland

Farm Source leases this substantial 3054sqm (approx.) property on a high-profile corner site in the heart of Opunake. Owned by Fonterra Co-operative Group Ltd, Farm Source boasts 68 stores nationwide.

This robust tenancy yields an annual net rental of $117,315pa + GST/OPEX on an eight (8) year lease, with three (3) years to run and right of renewal. The site supports a large 1,240sqm (approx.) tidy building, seismic 90% NBS, with prime frontage and road appeal on State Highway 45.

The buoyancy of commercial real estate makes this property highly sought-after and established investors will see value in adding it to their portfolios. In the dairy heartland of Taranaki, Opunake lies 60km south of New Plymouth and 44km north-east of Hawera. The small provincial town is the centre for the local dairy industry and a popular tourist spot, supported by a supermarket, medical centre, library and Council-related services.

Willem Brown

Hamilton

Licensed under the REA Act 2008

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Iain Taylor

Taranaki

Licensed under the REA Act 2008

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62-68 Tasman St and 33 Domett St, Opunake

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Willem Brown

Hamilton

Licensed under the REA Act 2008

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Iain Taylor

Taranaki

Licensed under the REA Act 2008

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