Lucrative industrial investment
• Significant 5,961sqm cold storage complex with strong tenant covenant
• Substantial freehold 16,251sqm site with excess land for future expansion
• 10 year lease term from July 2019 plus two x five year rights of renewal
• Impressive annual net income of $854,630 + GST with CPI rental growth
• Tenant an essential service business during Covid-19 lockdown periods
Outstanding opportunity to secure a premium investment property located in the coveted Mount Maunganui Industrial Zone in close proximity to the Port of Tauranga.
This well presented cold storage complex is fully leased to the highly reputable Cold Storage Nelson (CSN) who hold a strong strategic position in the temperature controlled export sector.
Seldom does a sizeable industrial investment of this scale present itself to the market with such a strong tenant, long term lease and desirable location.
IM and Due Diligence Pack only available on signing of a Non Disclosure Agreement so call Team Bradley today to discuss this lucrative investment opportunity.