Property Description

An exceptional hands-off investment opportunity in the heart of New Zealand’s rural sector. Securely leased to Fonterra, this property provides stable returns backed by a blue-chip tenant. Located prominently on State Highway 2, this asset combines prime location, quality build, and long-term tenant security.

Key Investment Features:
• Net Rental: $86,975pa + GST
• Lease Term: Fresh 3-year renewal with established tenant since 2004
• Building: 635sqm high-quality structure on 2,039sqm land, 70% NBS (2015)
• Construction: Single-story, steel and concrete build with metal cladding
• Location: State Highway 2 frontage, high visibility, dual access
• Neighbouring Anchors: Mitre 10, New World, Pahiatua Medical Centre

Closing Date for Tenders: 4pm, Wednesday 4th December (will not be sold prior).

This is a rare opportunity to acquire a rock-solid asset in a growing area driven by the agricultural industry. Enquire now to secure a reliable income stream backed by one of New Zealand’s leading cooperatives.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Luke Kershaw

Capital Commercial (2013) Limited, Bayleys,

Licensed Real Estate Agents (REAA 2008)

+64 4 499 6022   +64 21 610 093   Luke.Kershaw@bayleyswellington.co.nz   All Listings

Contact Andrew Smith (Wairarapa)

Eastern Realty (Wairarapa) Ltd

Licensed REAA2008

027 760 8208   027 760 8208   a.smith@bayleys.co.nz   All Listings

Andrew took on a real estate career with Bayleys Real Estate following eight years in Rural wholesale finance. Five of those years were spent lending and working with intensive arable and dairy businesses in the Mid Canterbury, and three years working with Sheep and Beef, Dairy and Arable back here in the Wairarapa. Having been brought up in the district before heading to Smedley Station in the Hawkes Bay, Lincoln University in Christchurch and working in Mid Canterbury, Andrew knows the Wairarapa district extremely well and is farming in a small capacity in his own right.

With his background in banking he understands farming and business and is passionate about assisting farming businesses achieve their next goals. For the most part this includes selling the prized asset so that the next step can be achieved, or growing the business by purchasing more farmland. Andrew is motivated to offer a service both better and different, ensuring he is well informed of the pressures on agriculture, the commodity market and of course the land market. He is excited about the future of Agriculture in this region, a region that he believes has many innovators and leaders. Andrew is motivated to connect the right people to the right properties and achieve a premium outcome for all involved.