Taupo Property

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SOLD

Bay of Plenty
0
0
N/A
N/Asqm
10237sqm
Bay of Plenty
proudly marketed by
Colliers Taupo
TAUPO INDUSTRIAL INVESTMENT
Colliers Taupo has been exclusively appointed to market 2 Titan Way for sale by Deadline Private Treaty (unless sold prior). Industrial properties with this level of rental income do not often become available for sale in Taupo. Strategically located on a 10,237m² site just a 3-minute drive from SH1 in the Centennial Industrial zone this property offers: - 10,237m² (more or less) of land - 1,895m² (more or less) buildings constructed in 2013 and comprising: ~ 726m² workshop/warehouse constructed in 2013 ~ Canopy 1001m² area, enclosed on 3 sides, housing the tenant's manufacturing facility ~ Office/Laboratory/Amenities area of 168m² warehouse - Leased to Activated Carbon NZ Ltd, a New Zealand industrial technology company converting Pinus Radiata waste to high value black carbon particles with a wide range of industrial applications - Annual rental $306,650.00 plus GST & outgoings - Current lease term expires 14 March 2026 - One 12 year Right of Renewal to 14 March 2038 - Substantial shareholder guarantees To be sold by Deadline Private Treaty (unless sold prior) closing 4pm Thursday 3 September 2020. Call Hugh Milloy, 021 901 390 or Jack Hughes 021 242 4742 for further information and to view. Features: Substantial industrial property Industrial technology tenant - Activated Carbon NZ Ltd Substantial shareholder guarantees on rental obligations More information: https://www.colliers.co.nz/p-NZL67011580
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