13 Nell Place, Raumanga, Whangārei

Yield, security and flexibility

•Light industrial investment or occupier opportunity
•Freehold land and building measuring 2,203sqm (more or less) and 1,083sqm (approx.) respectively
•Fully leased to Shedline Whangarei returning $207,000 net p.a. with flexible lease terms
•Positioned centrally within Whangarei's Light Industry precinct with exposure to State Highway 1

13 Nell Place is positioned as a versatile light industry asset within Whangarei's primary industrial estate.

Measuring a total gross floor area of 1,083sqm approx., the property features well apportioned high stud warehouse comprising 775sqm of the total floor area, plus additional 1,023sqm of paved yard.

Fully leased to an established tenant, Shedline Whangarei, a national manufacturer and supplier of marquees. The property returns $207,000 net p.a. with a flexible lease structure to support near-term occupation or provide medium-term tenure to underwrite an investment.

Located in the heart of Raumanga, Whangarei's primary industrial precinct, the property provides a low-risk investment opportunity through its high demand warehouse and showroom configuration.

With a quality tenant in place and flexibility around lease terms, this is an ideal opportunity for both investors and owner-occupiers. The current tenant is open to negotiating a shorter lease term to suit your requirements.

For further information or to arrange a viewing, contact the Sole Agents today.