Ad ID: 45367

Tenanted Investment for Sale Coromandel

Enquire about this "Tenanted Investment for Sale Coromandel" property on nzcommercial

Land/Development - Tenanted Investment - Solid Provincial Opportunity

Location:
9 Ngati Maru Highway
Kopu
Coromandel
Asking:
Auction
Area (m2):
3568.00

Commercial Property for Sale Description

Tenanted Investment for Sale Coromandel 9 Ngati Maru Highway

9 Ngati Maru Highway, Kopu
RD1 Kopu
RD1 is a subsidiary of Fonterra and supplies directly to NZ primary producers in the rural and lifestyle sectors. Seldom does the opportunity arise to purchase such a standout investment property with strong tenant profile and backing, returning $136,742 (net) p.a. with built in rental growth.
As part of a rebrand from RD1 to Farm Source the building will undergo a repaint and internal works at the tenants cost prior to settlement.
Kopu is a high exposure location, approximately 6 kms from Thames is the central service hub of the Hauraki Plains and the Coromandel Peninsula, also offering ease of access to Auckland and greater Waikato regions.
- New 8 year lease commencing 24 July 2015
- Tenant is a wholly owned subsidiary of Fonterra

- 3,568m of freehold land in high profile location
- Located at the gateway to the Coromandel Peninsula
- IEP report completed and available upon request
Property Details
Land Area 3,568m (freehold)
Building Area 940m (more or less)
Tenancy Details
Name of Tenant RD1 Limited
Term of Lease 8 years
Commencement Date 24 July 2015
Net Rental $136,742 + GST & OPEX

AUCTION:
2 July 2015 at 11am
Bayleys Hamilton
Corner Victoria and London Streets
Hamilton
Call agent for more details.

Jeremy Keating
CBRE
Mobile: 021 461 210
jeremy.keating@cbre.co.nz

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CBRE Ltd - Auckland CBD
For more info
Contact:

Jeremy Keating

021 461 210 or 09 359 5366
Phone: Jeremy Keating 021 461... or 09 359 5366
CBRE - Auckland CBD
Licensed REAA 2008
Broker Ref: 1751202A3

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