Passive investment with development upside

Hawera, South Taranaki

Tender

Proposed Usage
Industrial
Floor Area
460.00 m²
Land Area
11084.00 m²
Description:
Property ID
1c5q036

Seldom does an opportunity to purchase a significant land holding of this size, in this location come available. Positioned in the popular Manawapou Road, this 1.1084 hectare property offers a multitude of options to astute investors and developers alike. The property has a combined net rental of $67,000pa +GST with a long term lease is in place for the childcare centre buildings, while the learning centre building is leased on a short term basis.

Located approximately one kilometre south west of the Hawera CBD and a one hour drive from New Plymouth city.

The residential subdivision potential on offer here is obvious, coupled with the return the existing improvements provide, make this a very exciting opportunity.

Call now for more information.

*Red boundary line is indicative only

Enquire about this property

Hawera Area