Receivership sale


16 and 21 Factory Road, Thornbury

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Receivership sale | 16 and 21 Factory Road, Thornbury | 4850459 |      X Close
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Receivership sale


On behalf of the receivers, being offered to the market is four separate commercial and rural properties. They are located at 16 & 21 Factory Road, Thornbury, 73 Hamilton Road, Drummond and 80 Glendhu Road, Mataura. Purchasing options include individual properties or the portfolio as one. The tannery located at Thornbury comprises 7.3669 hectares and has various building including workshops, open bay sheds, the tannery and processing areas which is a fully enclosed building with concrete flooring throughout, loading facilities, staff rooms, kitchen, washdown and shower amenities. The main office has six spaces, board rooms, staff rooms and other amenities. The yard has ample parking with a large compacted hardfill area. The farm is located on the banks of the Aparima River and comprises 89.4887 hectares across three separate titles. The property is flat contour and is strong livestock finishing country. Subdivided into 15 paddocks, there is a central lane, reticulated water system, sheep and cattle yards. Added benefits include two separate gravel consents in place for a total extraction of 47500 cubic meters of gravel for commercial sale, providing a second income stream. The Glendhu road property comprises 4289sqm with the building approximately 610sqm, this facility is set up for the collection and skinning of sheep, cattle and deer, servicing rural Southland. This property is currently leased until 30 June 2023 for $30,000 plus GST per annum. Hamilton Road is a large commercial building, 620sqm and set on 4.0469 hectares and lends itself to multiple uses in the future, such as stock feed storage or workshop facility/yard. There is value on offer right across this portfolio. To arrange inspection or for more information call Hayden McCallum.

16 and 21 Factory Road, Thornbury

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