79 Thorpe Road, Kaikohe Resilient use with a national brand tenant
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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
Queenstown and Southern NZ Realty Ltd
Licensed REAA 2008
+64 3 450 0200 +64 21 024 64785 henry.napier@bayleys.co.nz All Listings
Henry Napier is an Associate Director at Bayleys Queenstown and Cromwell specialising in Commercial, Industrial and Development Land sales.
Since joining Bayleys in 2016, Henry has transacted over $100m worth of commercial, industrial, and development land assets throughout New Zealand.
He now specialises in investment and development land sales equipped with a deep knowledge of the intricacies of the Queenstown and wider Central Otago market.
This blend of experience and results has produced a notable track record of record prices and yields and a reputation for being able to conclude complex and challenging transactions.
Covering commercial, industrial, development land, master planned developments, sales & leasing. If you have property requirements in these categories, get in touch with Henry.
