- Approx Floor Area: 727 sqm
- Land Size: 934 sqm
- Property Type: Warehouse, Office
- Property Details: Tenanted Investment
- Zone: 7B
- Tenure: Fee Simple
- Tenancy: Total rental if more than 1 tenancy $ (+ GST): 71010
- Tenancy 1: Area Sqm: 196.5 & 100, Commencement Date: 17 July 2017, Expiry Date: 18 July 2029, Rental net/gross p.a.: 22500, Review Dates: 18/07/2020, 18/07/23, 18/07/26, Rights of Renewal: 3, Tenant Name: Safe T Works, Term (years): 3
- Tenancy 2: Area Sqm: 495, Commencement Date: 01 February 2019, Expiry Date: 31 January 2028, Rental net/gross p.a.: 48510, Review Dates: 01/02/2022, 01/02/2025, Rights of Renewal: 2, Tenant Name: B&J Wheel Addiction Ltd, Term (years): 3
About this listing
Completed in 2008 the building is home to the following tenants:
- B&J Wheel Addiction Ltd - Mag wheel and tyre specialists (Final Expiry Date 31 January 2028)
- Safe T Works Taupo Ltd - Health and safety consultancy (Final Expiry Date 18 July 2029)
Both leases are supported by personal guarantees.
Well located within 3 minutes of State Highway 1 and surrounded by a number of well-respected Taupo businesses this property will suit private investors and family trusts.
The leases carry automatic CPI increases and one lease has a built-in review in 2020.
Contact Hugh Milloy 021 901 390 or firstname.lastname@example.org for detailed information.