Secure + Growth + Potential Upside
Secure a substantial industrial investment property with a strong and diverse income stream. Enjoy long-term stability with a strong WALT, diversified tenants, CPI-linked increases.
Total Income: $462,349 pa + gst & outgoings
Split Risk: Three established tenants with long-term leases, providing stability and peace of mind.
WALT: 9 years
Income Growth: All leases feature CPI annual increases and regular market reviews.
Freehold Land: 4.2693 hectares, with only 12% site coverage—ample room for future development.
Zoning: Settlement Zone Industry (Sub-Zone 3)
This investment offers a unique opportunity for discerning investors. With a solid income base and the potential for future growth, this property is an exceptional addition to any portfolio.
Key Features
•Split risk with 3 tenants (Northpine, Waipu ITM & Category 6 Ltd)
•Long term leases (WALT 9 years)
•Annual CPI & regular market reviews
•4.2693ha freehold industry zoned land
There are additional investment benefits that we can discuss in person — opportunities that could further enhance the value for you.
Contact the sole agents:
Nigel Ingham 021-562 919 nigel.ingham@bayleys.co.nz
Daniel Sloper 021-022 10339 daniel.sloper@bayley.co.nz
Total Income: $462,349 pa + gst & outgoings
Split Risk: Three established tenants with long-term leases, providing stability and peace of mind.
WALT: 9 years
Income Growth: All leases feature CPI annual increases and regular market reviews.
Freehold Land: 4.2693 hectares, with only 12% site coverage—ample room for future development.
Zoning: Settlement Zone Industry (Sub-Zone 3)
This investment offers a unique opportunity for discerning investors. With a solid income base and the potential for future growth, this property is an exceptional addition to any portfolio.
Key Features
•Split risk with 3 tenants (Northpine, Waipu ITM & Category 6 Ltd)
•Long term leases (WALT 9 years)
•Annual CPI & regular market reviews
•4.2693ha freehold industry zoned land
There are additional investment benefits that we can discuss in person — opportunities that could further enhance the value for you.
Contact the sole agents:
Nigel Ingham 021-562 919 nigel.ingham@bayleys.co.nz
Daniel Sloper 021-022 10339 daniel.sloper@bayley.co.nz
Key features
Floor area details
5,057 sqm (approximately)
Land area breakdown
4.2693ha freehold land, 12% site coverage
Occupancy
Split risk: 3 long-term tenants
