- For Sale
Low maintenance industrial investment with an outstanding tenant and a final lease expiry in 8 years. The 7208m² metalled site is improved by four quality, functional workshops, owned by the Landlord while the Tenant owns the office block. Low site coverage allows for development upside. There is excellent truck access into and around the site.
Wallscourt Place, runs parallel with State Highway 3, only 6 kilometres from Hawera's CBD.
Leased to Contract Resources (New Zealand) Limited, a multinational provider of services and contracting to rural, oil and gas industry.
Tenant: Contract Resources (NZ) Ltd
Net rental: $57,200 p.a.
Term: 3 years from 19 April 2018
Final expiry: April 2027