Prime provincial opportunity to secure an exceptional industrial investment with a new 12 year lease term plus three six year rights of renewal to long established tenant Blue Pacific Minerals Limited.
The property comprises a substantial 10,660sqm single level, high stud industrial building that will have an overall A grade seismic rating on settlement date. The building features a number of large warehouse areas with over eight metre stud heights together with modern office space and amenities.
Positioned on a large 3.1132 hectare site, the property has been extensively developed with rock wall front entrances, landscaped grounds, sealed/metaled and concrete yard areas plus onsite parking facilities.
Strategically located adjacent to busy main arterial State Highway 1, the property occupies a prime and profile site that enjoys excellent exposure to major traffic flows on the southern entrance to Tokoroa.
Industrial assets of this calibre with such strong tenant covenant must command serious attention from astute investors seeking a proven and passive performer to add to their portfolios for a long term hold.