• New ten (10) year, triple net lease to well-entrenched tenant

• Returning $580,000 pa net plus GST with annual CPI increases
• Fantastically located in central forestry location

Located on the northern boundary of Te Kuiti, the property is positioned on Te Kumi Road which is the main arterial being State Highway 3.

The property comprises three (3) freehold titles totaling 40,274sqm with a total floor area of 8,771sqm from multiple industrial buildings and is of flat nature.

Overall the site works extremely well for the operation and has been occupied by a saw mill since the mid 1940's. The properties improvements are of various ages and quality and have been designed to work with the business.

Large yard and metalled areas provide ample storage and functional vehicle manoeuvrability.

Josh Smith

027 229 8865

josh.smith@bayleyswaikato.co.nz

James Valintine

021 0237 1868

james.valintine@bayleys.co.nz

Lloyd Budd

021 079 8789

lloyd.budd@bayleys.co.nz