Well-Crafted Income
•Returning $86,000pa +GST & outgoings
•Ideal location for tenant
•Well-maintained modern build
•Functional warehouse with yard access
Positioned in Otorohanga's established industrial area, 33 Progress Drive presents a solid, income‑producing asset with a proven local tenant. The property is occupied by Customtone Joinery, an established cabinetry and joinery business servicing the wider region for over 30 years.
The improvements include a modern, clear‑span warehouse with good stud height, roller door access and covered loading, supporting practical day‑to‑day operations. A well‑presented front office and showroom provide a tidy customer interface, complemented by on‑site car parking and a wide gravel yard allowing easy vehicle movement and delivery access.
Built in 2008, the premises are fit for purpose and maintained, with a layout suited to manufacturing, fabrication and trade‑based occupiers.
Returning $86,000 per annum plus GST and outgoings, the property offers straightforward income and will appeal to investors, family trusts or those looking to add a practical regional asset to an existing portfolio.
•Ideal location for tenant
•Well-maintained modern build
•Functional warehouse with yard access
Positioned in Otorohanga's established industrial area, 33 Progress Drive presents a solid, income‑producing asset with a proven local tenant. The property is occupied by Customtone Joinery, an established cabinetry and joinery business servicing the wider region for over 30 years.
The improvements include a modern, clear‑span warehouse with good stud height, roller door access and covered loading, supporting practical day‑to‑day operations. A well‑presented front office and showroom provide a tidy customer interface, complemented by on‑site car parking and a wide gravel yard allowing easy vehicle movement and delivery access.
Built in 2008, the premises are fit for purpose and maintained, with a layout suited to manufacturing, fabrication and trade‑based occupiers.
Returning $86,000 per annum plus GST and outgoings, the property offers straightforward income and will appeal to investors, family trusts or those looking to add a practical regional asset to an existing portfolio.
Key features
Location
Ideal location for tenant
Lease
Tenanted by Customtone Joinery, returning $86,000 per annum plus GST and outgoings, the property offers straightforward income.
Floor area details
1,040 sqm building area (approximately)
