5 Te Ara Purata, Masterton The trifecta - new shed, great tenant & long lease

Available PropertyFiles:

  • /1. Information Memorandum/
    • Te Ara Purata, 5_Information Memorandum.pdf
  • /2. Title/
    • 5 Te Ara Purata_Title.pdf
  • /3. Building Information/
    • Build Plans_Lot 3 5 Te Ara Purata.pdf
  • /4. Lease Documentation/
    • Signed Agreement to Lease dated 4 April 2025.pdf

Property Description

• Brand new 1,400sqm warehouse on a freehold 4,254sqm land parcel
• New 9-year lease from June 2026
• Established tenant - Loader Construction Engineering & Crane Hire Ltd
• Annual net rental at commencement of $280,000pa + GST

Presenting a premier investment opportunity in Masterton's growing Solway industrial precinct, strategically positioned on a generous 4,254sqm parcel of land.

This brand-new facility comprises a 1,200sqm warehouse, 200sqm office, 2,000sqm secure concrete yard and dedicated front-of-house car parking, fully leased to Loader Construction Engineering & Crane Hire, an established local business (est. 1998) with a proven track record.

The nine-year lease commencing June 2026 provides immediate security with an annual net income of $280,000 plus GST. Four additional five-year renewal options offer potential for a 29-year lease term, while the full net lease structure ensures a truly passive investment with the tenant covering all outgoings (excluding structural items). With annual CPI adjustments and market rent reviews scheduled for 2030 and upon each renewal, this property offers both immediate returns and long-term capital appreciation potential.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


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.
By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

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