Incredible industrial land value


5, 7, 22, 24, 26 Huttloc Drive, Tokoroa

Asking Price NZD $1,741,000 + GST (if any)

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Incredible industrial land value | 5, 7, 22, 24, 26 Huttloc Drive, Tokoroa | 2501790 |      X Close
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Incredible industrial land value


- 1.8325 hectare landholding in five titles

- 5 Huttloc Drive - 2,662sqm - $253,000 + GST (if any)

- 7 Huttloc Drive - 2,525sqm - $240,000 + GST (if any)

- 22 Huttloc Drive - 4,462sqm - $424,000 + GST (if any)

- 24 Huttloc Drive - 4,462sqm - $424,000 + GST (if any)

- 26 Huttloc Drive - 4,214sqm - $400,000 + GST (if any)

Situated within the well presented Huttloc Drive Industrial Estate at the southern entrance to Tokoroa township are two and three adjoining sites that are ready for immediate development. The combined sites comprise one of the largest land holdings in this industrial estate and lend themselves to multiple industrial uses with potential development opportunities to add further value.

Sections range in size from 2525sqm to 4462sqm and are priced to sell at $95 per sqm + GST.

The five sites can be purchased collectively or individually and offer excellent options for either owner occupiers, developers, investors or land bankers with a vision for the future. Currently there is shortage of new modern industrial buildings available for lease or sale in Tokoroa.

The sites are located within close proximity to a new rail siding in Boronia Street as well as having excellent ease of access to SH1 via the Browning Street exits.

This is an affordable provincial location with industrial land values having historically been very competitive in comparison to the premium rates commanded for city industrial sites.

5, 7, 22, 24, 26 Huttloc Drive, Tokoroa

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