Major cold store investment


1A Kirkwood Road, Flaxmere

By Negotiation

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Major cold store investment | 1A Kirkwood Road, Flaxmere | 2851663 |      X Close
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Major cold store investment


•Over 1 hectare of building with excellent seismic rating

•16 year lease plus two rights of renewal of six years

•$666,629pa + GST with CPI two (2) yearly

•Tenant has global cold chain network

•Recent $1,500,000 approximately refurbishment to roofs and ceilings

This large high stud facility provides significant capacity to the cold store industry in Hawke's Bay where demand far exceeds supply.

The lease, which has over nine (9) years to run on the initial term, is fully net with tenant to maintain and replace all plant and equipment.

Near neighbours include McCain Frozen Foods, Crasborn Group, Bostock Group, Wineworx, Sacred Hill Winery and Profuit.

1A Kirkwood Road, Flaxmere

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