Mount Industrial investment offering 10% + return
Located within the highly sought after Mount Maunganui industrial zone, an opportunity exists for an investor to acquire the interest in 13 Harvard Way, Mount Maunganui.
The property comprises two industrial buildings with a total floor area of approx. 955 sqm. The warehouses have roller doors at both ends, providing convenient drive through access for the Tenant. Fronting Harvard Way there is a secure yard and a lean to for storage.
The well-established Tenant Truckline provides a net rental is $102,800 per annum with attractive Lease terms in place providing a secure high yielding investment property for many years to come. The location of Truckline Services at 13 Harvard Way is essential for supporting the logistics businesses in Tauranga, Mount Maunganui, and the wider Golden Triangle. This region is a critical logistics hub due to its proximity to the Port of Tauranga and key arterial routes, facilitating the movement of goods across major markets. With the high volume of freight traffic and the demands of efficient supply chain operations, the need for reliable and accessible truck servicing is paramount. Truckline Services, situated strategically, ensures that logistics companies have immediate access to maintenance and repair facilities.
Property details:
• Land: 1658 square metres more or less (leasehold)
• Building: approx. 955 sqm
Tenancy details:
• Annual rental $159,172 p.a + GST and outgoings
• Ground rental: $56,372 p.a + GST
• Current net rental: $102,800 p.a + GST
13 Harvard Way is priced to sell at $995,000 plus GST (if any). For a full information pack on this opportunity, please contact our team:
Rory Brown 022 490 1437
The property comprises two industrial buildings with a total floor area of approx. 955 sqm. The warehouses have roller doors at both ends, providing convenient drive through access for the Tenant. Fronting Harvard Way there is a secure yard and a lean to for storage.
The well-established Tenant Truckline provides a net rental is $102,800 per annum with attractive Lease terms in place providing a secure high yielding investment property for many years to come. The location of Truckline Services at 13 Harvard Way is essential for supporting the logistics businesses in Tauranga, Mount Maunganui, and the wider Golden Triangle. This region is a critical logistics hub due to its proximity to the Port of Tauranga and key arterial routes, facilitating the movement of goods across major markets. With the high volume of freight traffic and the demands of efficient supply chain operations, the need for reliable and accessible truck servicing is paramount. Truckline Services, situated strategically, ensures that logistics companies have immediate access to maintenance and repair facilities.
Property details:
• Land: 1658 square metres more or less (leasehold)
• Building: approx. 955 sqm
Tenancy details:
• Annual rental $159,172 p.a + GST and outgoings
• Ground rental: $56,372 p.a + GST
• Current net rental: $102,800 p.a + GST
13 Harvard Way is priced to sell at $995,000 plus GST (if any). For a full information pack on this opportunity, please contact our team:
Rory Brown 022 490 1437
Key features
Floor area details
Approx. 955sqm
Land area breakdown
1658sqm (more or less)
Location
A key location with excellent access to main arterial routes from the Southern side of Hewletts Rd to Mt Maunganui, Coastal Western BOP areas to the Tauranga Harbour Bridge, CBD and State Highway 2.
Zoning
Industrial
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