Rarely do opportunities such as this present themselves to the market. 170 Totara Street totals 10,239sqm (more or less) of prime industrial, freehold land.
Tenanted by Ingham Enterprises (NZ) Pty Ltd on a substantial lease, the property features warehousing/silos and associated offices along with multiple specialized structures, to complement the business use (feedmill).
â¢Tightly held Mount Industrial investment opportunity
â¢Land area 10,239sqm (more or less)
â¢Adjacent to the Port of Tauranga
â¢National Tenant (Inghams) returning $1,013,963.50 per annum + gst & outgoings
â¢Lease term 20 years commencing 20/08/2014 (with rights of renewal)
â¢Fixed annual rental growth
170 Totara Street, Mount Maunganui is for sale by negotiation.
Contact the team today for an information pack.