Large scale industrial site

15, Waipanga Road, Kamo, Whangarei

By Negotiation

Proposed Usage
Floor Area
5640.00 m²
Land Area
19486.00 m²
Property ID

Here is a very rare opportunity to acquire a 1.9486ha (approximately) industrial site, at the North end of the city. It stands approximately 0.5kms West of State Highway 1, set amongst the expanding Springs Flat business and industrial hub.
The site has a mix of older buildings and very recent modern workshop/factory space.
Enormous yard space offers strong potential for further development and growth.
The total 1.9486ha property comprises two main buildings, all fully occupied. The original factory buildings of some 2,000sqm will be leased back by the Vendor for an annual rental of $80,000 pa.
The other main building is divided into 13 'bays', each bay contains 280sqm. Total rental income from this part of the site is $147,000 pa.
A subdivision consent to divide the property into two large allotments was issued in July 2015. This consent has not yet been fully completed and for the time being remains 'alive'.

Enquire about this property

Kamo Area