Engineering Business (with Freehold Option)
- Proposed Usage
- Property ID
Established in Masterton in 1998 by now retiring owners, this business is exceptionally well established in the Wairarapa where it is based, and in the greater Wellington market.
The business manufactures, repairs and maintains infrastructure for a wide range of clients including developers, builders, and a diverse commercial / industrial slate including timber, concrete, grain & seed, vineyards, water treatment,and major infrastructure providers. Multi-faceted operation, with the majority of work being structural, including commercial new builds and extensions, multi level, seismic strengthening, as well as residential. The business also has extremely diverse general engineering capability and track record. It holds niche positions which place the business very well in the burgeoning lower North Island economy.
This business also holds a reg'd Aus/NZ design for a unique product of its own design, yet to be leveraged into a very obvious market.
The business comes with a very stable trades team of 15, all based in Masterton, with diverse skills and experience.
The premises,a freehold property of 2,380 sqm, with ca 1,607 sqm of factory, workshop, amenities, and mezzanine (gross floor area), are also for sale, if required.
Extremely well positioned in its space, this will appeal to an owner operator, but also provides a wonderful opportunity for an existing engineering company looking to extend capacity and reach.
Price $725,000 (plus Freehold Option $815,000)