• Potential for growth

• Tenanted for stability, current net rental of $61,000.00p.a. + GST

• Dual access points

This industrial property presents a rare investment opportunity, boasting two entry points strategically positioned for maximum accessibility and operational efficiency. Situated in a bustling industrial hub, this property is already tenanted, providing immediate rental income and long-term potential for discerning investors/developers.

This property comprises a prime industrial landholding of 4,151sqm (more or less) and is roughly 2km to State Highway 1. The 350sqm (approximately) buildings are ready to be re-purposed or re-developed to suit owners'/tenant's requirements. This is a fairly flat site with "industrial" zoning, located near the new Tauhara Power Station currently under construction which will be completed Q3 2024.

Without a doubt, the major drawcard to this property is the massive yard area with superb access via entry from two points off Rakaunui Road. Developers and add-value investors will recognise this as an opportunity not to be missed in the tightly held heavy industrial area.

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