- About this property
- Investment data
New Industrial Investment - 15 Year LeaseProperty ID TCM22195Site: 7500m2 (approx.) freehold land.
Building: Factory 2,783.9m2, Office 292.2m2, Canopy 507.6m2, Cold/cool store 482.7m2, Hardstand 1,018.30m2 (500m2 usable).
Tenant: New Zealand Specialty Kiwifruit Products Limited (NZSKP)
15 year lease commenced 28th June 2017
Outgoings: 100% paid by Tenant
Rental guarantee in place from Tenant's Bank
Current Rent: $644,069.74 net rental including amortised works (+ GST per annum, plus 100% outgoings + GST) spread over the term of the lease (15 years plus 9 year RoR)
Rent reviews are set to CPI on an annual basis (on the base rental only)
Unique opportunity to acquire a magnificent New Industrial Investment in Tauranga
For Sale by Negotiation
Contact the SOLE AGENT for further details!
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.