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Tokoroa

1-5 Balmoral Drive, Tokoroa, South Waikato

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10,840sqm Land area SQM
1,538sqm Floor area

Asking Price NZ$1,800,000 + GST

 (if any)

Large industrial landholding


• Prime 10,840sqm industrial landholding next to State Highway 1
• Superb location with excellent profile at the southern entrance to Tokoroa
• Ready to redevelop or re-purpose to suit owner-occupier or developer
• Shortage of industrial land ready for immediate possession in South Waikato

This property comprises a prime industrial landholding of 10,840sqm (more or less) adjacent to State Highway 1 at the southern entrance to Tokoroa. Formally the site of the famous old "Trees Tavern", the generous 1,538sqm (approximately) buildings are ready to be re-purposed or re-developed to suit new owners' requirements. This is a flat site with "industrial" zoning located near the new OFI dairy factory currently under construction which will be a catalyst for GDP growth in the South Waikato. Without doubt the major drawcard to this property is the massive yard area with superb profile and ease of access via entry from both Balmoral Drive and Browning Street. A small residential dwelling tucked away at the rear is currently rented for $375 per week. Developers and add-value investors will recognise this as an opportunity not to be missed in the tightly held South Waikato Industrial market.

Ryan Bradley

Ryan Bradley

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area


10,840sqm (more or less)

Floor area


1,538sqm (approximately)

Zoning


Industrial

Exposure


Adjacent to State Highway 1

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