7% Return - Government-leased investment!
- Brand new A-grade office premises completed in December 2025
- Purpose built for dual government tenancies on long leases
- Opportunity to acquire a very low-risk, long term, passive asset
30 Logan Street, Tokoroa represents a high-quality, new-build commercial investment anchored by two Government tenants, Ministry of Social Development and Oranga Tamariki.
The building comprises an A-Grade two-level commercial office complex with floor plates of approximately 649sqm on the ground floor and 748sqm to the first floor (subject to final measure). A striking building with north and south elevations predominantly glazed, whilst the east and west elevations are concrete tilt panel. Outstanding internal presentation as you would expect with a brand-new building.
The property is fully leased, with the Ministry of Social Development committing to a lucrative 12-year term and Oranga Tamariki signed up for nine years, both with further rights of renewal. Having both searched for a new home in Tokoroa for a number of years, these Government departments have committed to a stunning new building that could very well become their home for generations to come!
Property Details
Land Area: 1,011sqm (more or less)
Floor Area: 1,409sqm (approximately)
Zoning: Commercial
Tenancy Details
Currently returning a passing net rental of $496,386 + GST. Full tenancy details are available on request.
- Purpose built for dual government tenancies on long leases
- Opportunity to acquire a very low-risk, long term, passive asset
30 Logan Street, Tokoroa represents a high-quality, new-build commercial investment anchored by two Government tenants, Ministry of Social Development and Oranga Tamariki.
The building comprises an A-Grade two-level commercial office complex with floor plates of approximately 649sqm on the ground floor and 748sqm to the first floor (subject to final measure). A striking building with north and south elevations predominantly glazed, whilst the east and west elevations are concrete tilt panel. Outstanding internal presentation as you would expect with a brand-new building.
The property is fully leased, with the Ministry of Social Development committing to a lucrative 12-year term and Oranga Tamariki signed up for nine years, both with further rights of renewal. Having both searched for a new home in Tokoroa for a number of years, these Government departments have committed to a stunning new building that could very well become their home for generations to come!
Property Details
Land Area: 1,011sqm (more or less)
Floor Area: 1,409sqm (approximately)
Zoning: Commercial
Tenancy Details
Currently returning a passing net rental of $496,386 + GST. Full tenancy details are available on request.
Key features
Floor area details
1397sqm (approximately)
Land area breakdown
1,011sqm (more or less)
A-grade
Brand new A-grade office premises completed in December 2025
