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Coastlands

33 Gateway Drive, Coastlands, Whakatāne

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1,707sqm Land area SQM
417sqm Floor area

Entry Level Industrial Investment Property


- 1707m2 site/417m2 building\n- Freehold Industrial zoned site\n- Two established national tenants\n- Split risk investment for security\n- Annual net rental $40,456 + GST\n\nThe property comprises a 1,707m2 site with a medium sized 417m2 industrial building of good stud height suitable for a number of uses within the zone. The building has been positioned at the front of the property providing excellent rear flat yard space that is currently fenced for external storage on two boundaries.\n\nThis property is situated in an established and popular subdivision known as the 'Gateway Drive' industrial area. This is an industrial precinct that is well sought after due to the wide ranging number of businesses within this area, and the positioning of 'The Hub' bulk retail area on the opposite side of the main highway from the subdivision.\n\nHere is an affordable entry level industrial investment property that offers a good balance of two national tenants, location and split risk, that is positioned in Whakatane, the major service and administrative centre of the eastern Bay of Plenty!

By Negotiation
Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lynn Bradley

Lynn Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Building Area


417m2

Land Area


1,707m2

Location


'Gateway Drive' Industrial area

Opportunity


Spilt risk investment for security

Rental


Annual net rental $40,456 + GST

Tenancy


Two established national tenants