Bayleys Tauranga is proud to offer 12 Aerodrome Road, Mount Maunganui for sale by Deadline Private Treaty closing 3rd March 2022 (unless sold prior).
Best described as an outstanding opportunity to secure industrial property located at the heart of the highly coveted Mount Maunganui Industrial precinct known as the logistics and distribution epicentre within New Zealand's economic Golden Triangle. The property is located supremely close to the Port of Tauranga, container terminal and Tauranga airport. This well-presented large-scale warehouse boasts full truck and trailer drive around access and dual entry/exit to Aerodrome Road, with superior transport access to Hewlett's Road and other key transport routes.
The property is currently leased to renowned Southern Hospitality Limited who hold a major position in the New Zealand hospitality and food service industry. With a final lease expiry in 2026 this property would equally suit those looking at passive investment, future development, or owner occupation. With superb heavy vehicle access, 12 Aerodrome Road will appeal to many industrial operators and astute investors, who realise the scarce availability of land and buildings close to the high performing Port of Tauranga.
12 Aerodrome Road, a superb property in a key location within New Zealand's economic Golden Triangle underpinned by future development potential and rental growth.
Institutional investors, owner occupiers, landholders, developers and the like looking to expand their industrial portfolio are urged to enquire today.
Key Features:
- Substantial 3,568sqm (approx.) industrial building
- Impressive 7,021sqm (more or less) freehold land area with full truck and trailer drive around
- Two years six-month lease from 1 January 2020 with two rights of renewal of two years.
- Currently returning $313,045pa + Outgoings + GST
Contact Simon Maxwell or Myles Addington for a full information pack and book an inspection today.