Agri sector infrastructure investment
• Fully optimised, post-harvest kiwifruit pack house complex
• High-value lease covenant to an established industry operator
• Six and a half years remaining on the current lease term plus rights of renewal
• Net rental: $1,055,056.38pa + GST + OPEX
• Built-in rental growth and market reviews
• Excellent location off Mill Road and close to motorway links
A well established and fully developed packhouse operation built in 1990. Servicing the kiwifruit industry from North Waikato to Northland, this is one of only two dedicated post-harvest kiwifruit packing facilities in Auckland.
The complex comprises a large open pack house, cool rooms, controlled atmosphere stores, bin storage, processing, amenities and separate managers accommodation. The site is fully built over with peremeter drive through vehicle egress.
Operated by an industry leader who is at the forefront of post-harvest kiwifruit packing and distribution with a substantial operation in Tauranga to support the Takanini business. Suit syndicators, private investors and those with experience in Agri sector infrastructure investment.
• High-value lease covenant to an established industry operator
• Six and a half years remaining on the current lease term plus rights of renewal
• Net rental: $1,055,056.38pa + GST + OPEX
• Built-in rental growth and market reviews
• Excellent location off Mill Road and close to motorway links
A well established and fully developed packhouse operation built in 1990. Servicing the kiwifruit industry from North Waikato to Northland, this is one of only two dedicated post-harvest kiwifruit packing facilities in Auckland.
The complex comprises a large open pack house, cool rooms, controlled atmosphere stores, bin storage, processing, amenities and separate managers accommodation. The site is fully built over with peremeter drive through vehicle egress.
Operated by an industry leader who is at the forefront of post-harvest kiwifruit packing and distribution with a substantial operation in Tauranga to support the Takanini business. Suit syndicators, private investors and those with experience in Agri sector infrastructure investment.
Key features
Opportunity
Fully optimised, post-harvest kiwifruit pack house complex
Lease
High value lease covenant to an established industry operator
Lease term
Six and a half years remaining on the current lease term plus 2 x 5-year rights of renewal
Location
Excellent location off Mill Road and close to motorway links
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