A great investment opportunity
5-13, Tiro Tiro Road, Levin, Horowhenua
- Proposed Usage
- Floor Area
- 4077.00 m²
- Land Area
- 8754.00 m²
- Auction Date
- 11:00 - Mar 07, 2019
- Property ID
The tenant, RJ's Licorice has become an iconic NZ brand over the last 23 years. As an award winning business including Exporter of the Year, RJ's Licorice continues to grow from strength to strength.
This property featuring over 4,000m2 of building space on a 8,700m2 parcel of land, houses the world manufacturing and distribution headquarters.
Based in the heart of Horowhenua, the property is in close vicinity to SH1 for ease of national distribution. The tenant is 18 months into a nine year lease with two further rights of renewal of five years each in place.
• Established Iconic NZ tenant
• 9 year lease with rights of renewal
• Annual rent increases/reviews
• Current net rental $214,760 pa
To obtain a full information pack on the property, including all Supplementary Documents please register your interest here: http://www.propertyfiles.co.nz/property/3252163