Available PropertyFiles:

/1. Information Memorandum/
- The Esplanade, 129_Information Memorandum-min (1).pdf
/2. Seismic information/
- Alterations & strengthening PS1.pdf
/3. Leases/
- DIG & TIP_ Lease.pdf
- Waitomo Energy Limited_Lease.pdf
/4. Plans/
- Plans.pdf
/5. Final tender contract/
- FINAL Tender Document - 129 The Esplanade.pdf

Property Description

• Fully leased, with Waitomo Fuel as anchor tenant
• Net income after OPEX of approx. $211,757pa + GST
• 10 year net lease from November 2021
• Strategic site with three street frontages
Finally, we have an investment opportunity that is a alternative to a term deposit with the upsides to match.
Recently developed for Waitomo Energy the property offers an investor a passive investment on a strategic site with strong underlying land credentials.
In addition to the unmanned fuel facility the property also includes a very tidy warehouse/workshop on Fitzherbert Street. This property offers a secure income stream with fixed rental increases ensuring excellent long term growth.
It doesn’t get any easier to invest in property with this one.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Ethan Hourigan

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 427 601 ethan.hourigan@bayleys.co.nz All Listings

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