58 Seddon Avenue, Waihi, Hauraki

World Class in Waihi

- International tenant Hella-New Zealand Limited\n- New five year lease with right of renewal\n- Annual net rental $453,000 plus GST\n- Annual CPI rent reviews for capital growth\n\nState of the art electronics complex situated on State Highway 2 at the entrance to Waihi Township. The building was constructed in 2008 for the tenant who has been manufacturing in Waihi since 1990. \n\nThe property comprises a large, modern, industrial premises incorporating two level front offices and amenities areas that adjoin a large, clear span production space and assembly plant. Substantial factory fitout includes services such as climate control, underfloor heating, specialist lighting plus air conditioned offices. Located to the rear of the site is a low stud industrial building utilised for workshop/storage.\n\nHere is an outstanding opportunity to purchase a commercial investment that is impressive in every sense of the word. An established international tenant, immaculate presentation and an initial net rental of $453,000 that has built in annual rental growth being adjusted to CPI. This must appeal to savvy investors looking for quality provincial property that may return a generous yield!