Farm Source - Lease runs to 2042
• Long term lease in place to Farm Source - part of Fonterra, NZ's largest company
• Net rental $127,165pa (as at November 2026)
• Category ‘A' seismic rating (90% NBS)
• Well presented, modern and adaptable property
• 4,145sqm (more or less) prime site on a main road in NZ's rural heartland
• Affordable and sought after investment that ticks all the boxes
Well positioned only 200 metres from State Highway 3, this high-profile property is located on an important link road within the main commercial and industrial area of the rural service centre and well-known dairy town, Hawera.
This attractive, modern and adaptable building provides 936sqm of lettable area on a large 4,145sqm site with sealed yard, dual access and excellent manoeuvrability.
The property has been leased since new by RD1 Limited, now Farm Source, fully owned by dairy giant, Fonterra. With 65 stores nationwide, Farm Source is New Zealand's largest retailer of agricultural supplies to dairy farmers.
With a long lease, final expiry 2042 (if all renewals are exercised), the mix of fixed (3%) and market rent reviews provide a strong and growing income stream.
Investments with these fundamentals in this price range rarely become available.
• Net rental $127,165pa (as at November 2026)
• Category ‘A' seismic rating (90% NBS)
• Well presented, modern and adaptable property
• 4,145sqm (more or less) prime site on a main road in NZ's rural heartland
• Affordable and sought after investment that ticks all the boxes
Well positioned only 200 metres from State Highway 3, this high-profile property is located on an important link road within the main commercial and industrial area of the rural service centre and well-known dairy town, Hawera.
This attractive, modern and adaptable building provides 936sqm of lettable area on a large 4,145sqm site with sealed yard, dual access and excellent manoeuvrability.
The property has been leased since new by RD1 Limited, now Farm Source, fully owned by dairy giant, Fonterra. With 65 stores nationwide, Farm Source is New Zealand's largest retailer of agricultural supplies to dairy farmers.
With a long lease, final expiry 2042 (if all renewals are exercised), the mix of fixed (3%) and market rent reviews provide a strong and growing income stream.
Investments with these fundamentals in this price range rarely become available.
Key features
Seismic (NBS rating)
Category ‘A’ (90% NBS)
Anchor tenants
Fonterra owned Farm Source
High stud
Quality industrial construction
Location
High profile trade retail location
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.