13 Nell Place, Raumanga Yield, security and flexibility

Available PropertyFiles:

  • CT - 13 Nell Place.pdf
  • Draft Lease Agreeement 13 Nell Place.pdf
  • LIM - 13 Nell Place.pdf

Property Description

•Light industrial investment or occupier opportunity
•Freehold land and building measuring 2,203sqm (more or less) and 1,083sqm (approx.) respectively
•Fully leased to Shedline Whangarei returning $207,000 net p.a. with flexible lease terms
•Positioned centrally within Whangarei's Light Industry precinct with exposure to State Highway 1

13 Nell Place is positioned as a versatile light industry asset within Whangarei's primary industrial estate.

Measuring a total gross floor area of 1,083sqm approx., the property features well apportioned high stud warehouse comprising 775sqm of the total floor area, plus additional 1,023sqm of paved yard.

Fully leased to an established tenant, Shedline Whangarei, a national manufacturer and supplier of marquees. The property returns $207,000 net p.a. with a flexible lease structure to support near-term occupation or provide medium-term tenure to underwrite an investment.

Located in the heart of Raumanga, Whangarei's primary industrial precinct, the property provides a low-risk investment opportunity through its high demand warehouse and showroom configuration.

With a quality tenant in place and flexibility around lease terms, this is an ideal opportunity for both investors and owner-occupiers. The current tenant is open to negotiating a shorter lease term to suit your requirements.

For further information or to arrange a viewing, contact the Sole Agents today.

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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.


Contact Nigel Ingham

MACKYS REAL ESTATE LIMITED, BAYLEYS, LICENSED UNDER THE REA ACT 2008

021 562 919   nigel.ingham@bayleys.co.nz   All Listings

Nigel is a highly accomplished commercial real estate professional specialising in sales and leasing across Whangārei and the greater Northland region. With expertise spanning industrial, office, retail property, and land transactions, Nigel brings over two decades of invaluable experience to his role at Bayleys in The North, Whangārei office.

Launching his career in 1998 in South Auckland's industrial market, Nigel quickly distinguished himself through his tenacity, persistence, and unwavering commitment to client service. His exceptional performance led to an opportunity to spearhead Colliers' industrial real estate division in East China in 2010. During his tenure abroad, Nigel drove his team to become the dominant industrial agency in the region, achieving an impressive 57% compound annual growth rate.
Returning to New Zealand in 2021, Nigel chose to bring his wealth of expertise to Northland's burgeoning commercial real estate market. His international experience and local market knowledge make him uniquely positioned to advise clients on a wide range of commercial property opportunities.

Throughout his career, Nigel has been recognised with numerous industry awards and has been instrumental in landmark commercial property transactions. His impressive track record encompasses a wide range of deals, including significant land sales, commercial and industrial property sales across all market price points, and various commercial lease transactions. Nigel has consistently achieved exceptional results for his clients, including record-breaking prices for vendors. His expertise extends to notable design-build lease arrangements for prominent brands such as Kmart, NZ Post, and Fonterra. These achievements span his work in Auckland, China, and most recently, Northland, demonstrating his ability to excel in diverse markets and deliver value across different property types and transaction structures.