79 Thorpe Road, Kaikohe Resilient use with a national brand tenant

Available PropertyFiles:

  • 7.-Urban-environment.pdf
  • Title_79 Thorpe Road.pdf

Property Description

•Established commercial investment opportunity returning $69.574 net p.a.
•Substantial 1,016sqm premises purpose-built for Waste Management, New Zealand's leading waste and recycling provider
•Underpinned by a 3,963sqm freehold site with underlying Industrial zoning
•Located less than 2km from Kaikohe's town centre

79 Thorpe Road is a resilient investment opportunity tenanted by Waste Management NZ as a dedicated refuse and transfer station.

Purpose-built for Waste Management, the substantial 1,016 sqm premises operate as the only transfer, recycling and refuse facility in the wider Kaikohe area.

Underpinned by a large fee simple landholding measuring 3,963 sqm (more or less) and zoned Industrial under the Far North District Plan.

Returning a secure $69,574 net p.a. from Waste Management, New Zealand's leading waste and recycling provider, with a final lease expiry in 2038, this investment offers long-term stability.

Located less than 3 minutes travel time from Kaikohe's town centre, the property's position and use as a critical service for the region provides potential to be a resilient and passive long-term investment.

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Contact Henry Napier

Mackys Real Estate Ltd

Licensed REAA 2008

+64 9 425 7640   +64 21 024 64785   henry.napier@bayleys.co.nz   All Listings

Henry Napier is a senior broker in the Bayleys in the North Commercial, Industrial & Land Development team. Specializing in Rodney’s commercial and industrial market, Henry has concluded over $100m in sales and leasing transactions since joining Bayleys in 2016.

Having lived in North Rodney all his life, Henry has a deep network within the area that underpins the Bayleys in the North Commercial, Industrial & Land Development team.

Currently, in his penultimate year of a Bachelor of Commerce at the University of Auckland, Henry’s focus is on building a technical knowledge and experience of property investment and development which he can use to support his clients’ objectives.

If you have a property transaction including for lease, for sale, tenanted investment, bare land, development land, commercial, industrial, retail, office, business sales, tourism, Hotels, Syndication & Fund Investment, Henry can help.