29,799sqm
floor area
100,000sqm
land area
Buildings | 29,799sqm (more or less) |
Gross Rental | $1,800,000pa (approximately) |
Land Area | 10 hectares (more or less) |
Tenancy Details | Full tenancy details are available upon request |
- Comprises a tertiary education facility on approximately 10 hectares
- Twenty main buildings on site with 486 car parks
- Significant potential for redevelopment of vacant land
- Various leases generating approximately $1,800,000.00 per annum
- Massey University will lease back various areas
- Adjoins The Manawatu Golf Club
The campus offers an investor an opportunity to purchase a substantial property holding which provides a significant rental income and development potential.
The property comprises a land holding of 10 hectares (more or less) and 20 buildings with a gross floor area of approximately 29,799sqm.
Tenancies will generate an annual rental of approximately $1,800,000 from a number of tenants including the New Zealand Defence Force and The Ministry of Education.
Massey University has expressed keen interest in remaining in occupation in a number of buildings.
Click www.hokowhitucampus.co.nz to view Massey University's dedicated due diligence website
Click here to view Massey University's press release in True Commercial, NZ Herald
Click here to view Massey University's press release on interest.co.nz
Licensed under the REA Act 2008
Mobile: +64 21 428 092 |
Office: +64 6 357 4989 |
karl.cameron@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 920 440 |
Office: +64 9 375 8401 |
david.bayley@bayleys.co.nz |
29,799sqm
floor area
100,000sqm
land area
Buildings | 29,799sqm (more or less) |
Gross Rental | $1,800,000pa (approximately) |
Land Area | 10 hectares (more or less) |
Tenancy Details | Full tenancy details are available upon request |
179 Centennial Drive, Hokowhitu
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 428 092 |
Office: +64 6 357 4989 |
karl.cameron@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 920 440 |
Office: +64 9 375 8401 |
david.bayley@bayleys.co.nz |
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