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Newfield

95 Inglewood Road, Newfield, Invercargill City

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360sqmĀ Floor area
2,066sqmĀ Land area SQM

For Sale by Negotiation

Well established engineering company


Going concern business and freehold land and building
TurnTru Machining Limited

ā€¢Total land area: 2,066sqm (more or less)
ā€¢Total building floor space: 360sqm (more or less)
ā€¢Well established engineering business with a proven reputation

TurnTru Machining Ltd have proudly provided specialist driveshaft repairs, balancing and general machining for their valued clients for 40 years. The current owners have decided it is time now for a new challenge. They are proud of what they have achieved and their ever-growing client base. Expressions of interest are sought to purchase their business to continue TTM's long-standing legacy, with an opportunity for the new owner to purchase the land and buildings.
The property has leases in place with TurnTru Machining Ltd as well as a smaller tenant, adding to the total current rental stream.
Given the significant sized vacant yard space there is still further opportunity for development, all securely enclosed within a well gated perimeter fence. Included in the yard area is additional space (approx. 414sqm) provided through a lease with KiwiRail Limited.

ā€¢A business with a trusted brand
ā€¢Comprehensive specialist equipment for driveshaft balancing and repairs
ā€¢Well established extensive client base
ā€¢Generous sized section for future development and growth
ā€¢Invest in an established industrial area

Expressions of interest

Michael Frecklington

Michael Frecklington


Southern NZ Real Estate Brokers Ltd,
Licensed under the REA Act 2008

Features

Freehold


land and building

Going concern


business

Well established


engineering company with a proven reputation