PREMIER FREEHOLD INVESTMENT : 9-YEAR NET LEASE
Presenting a premier investment opportunity in Masterton's growing Solway industrial precinct, strategically positioned on a generous 4,254sqm parcel of land.
This brand-new facility comprises a 1,200sqm warehouse, 200sqm office, 2,000sqm secure concrete yard and dedicated front-of-house car parking, fully leased to Loader Construction Engineering & Crane Hire, an established local business (est. 1998) with a proven track record.
The nine-year lease commencing June 2026 provides immediate security with an annual net income of $280,000 plus GST. Four additional five-year renewal options offer potential for a 29-year lease term, while the full net lease structure ensures a truly passive investment with the tenant covering all outgoings (excluding structural items).
With annual CPI adjustments and market rent reviews scheduled for 2030 and upon each renewal, this property offers both immediate returns and long-term capital appreciation potential.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/5tearapurata
• Brand new 1,400sqm warehouse on a freehold 4,254sqm land parcel
• New 9-year lease from June 2026
• Established tenant - Loader Construction Engineering & Crane Hire Ltd
• Annual net rental at commencement of $280,000pa + GST
This brand-new facility comprises a 1,200sqm warehouse, 200sqm office, 2,000sqm secure concrete yard and dedicated front-of-house car parking, fully leased to Loader Construction Engineering & Crane Hire, an established local business (est. 1998) with a proven track record.
The nine-year lease commencing June 2026 provides immediate security with an annual net income of $280,000 plus GST. Four additional five-year renewal options offer potential for a 29-year lease term, while the full net lease structure ensures a truly passive investment with the tenant covering all outgoings (excluding structural items).
With annual CPI adjustments and market rent reviews scheduled for 2030 and upon each renewal, this property offers both immediate returns and long-term capital appreciation potential.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/5tearapurata
• Brand new 1,400sqm warehouse on a freehold 4,254sqm land parcel
• New 9-year lease from June 2026
• Established tenant - Loader Construction Engineering & Crane Hire Ltd
• Annual net rental at commencement of $280,000pa + GST
Key features
Passing income
Secure a stable investment with $280,000 + GST net annual income from day one
Floor area details
This property features a substantial 1,400sqm total area, comprising 1,200sqm of warehouse space and 200sqm of modern office facilities
Location
Strategically positioned in Solway, Masterton's key industrial hub, offering excellent connectivity to State Highway 2 and the region's vital transport links
