4.3ha industrial land in Hawke's Bay


8 Angus Place, Onekawa

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4.3ha industrial land in Hawke's Bay | 8 Angus Place, Onekawa | 2801786 |      X Close
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4.3ha industrial land in Hawke's Bay


• Large leasehold interest in tightly-held Onekawa industrial zone

• Close to Port of Napier, Expressway, Airport and CBD

• Net rental of $430,000 plus

This significant landholding in Napier's popular Industrial zone of Onekawa is one of the few remaining. Offering 4.3235ha (more or less) this leasehold property will suit investors, developers, and business owners who understand the value of large industrial landholdings in the current market, in a region with strong economic growth and limited industrial land supply.

A 4,436sqm (approximately) workshop with additional office complex, complete with robust gantries and drive-in access, is currently leased, and the balance of the property is leased with another lease being negotiated. Contract rental will be between $430,000 and $530,000 at settlement. Medium to long-term opportunities to add further value is clear. Ground lease has just been confirmed for 21 years, offering certainty for the new owner. Leases subject to their own terms.

Kerry Geange

Napier

Licensed under the REA Act 2008

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8 Angus Place, Onekawa

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Kerry Geange

Napier

Licensed under the REA Act 2008

View profile