An exceptional investment opportunity —an outstanding, high-spec industrial property that sets a new benchmark for quality and design.
Recently redeveloped to an impeccable standard, this striking property has undergone a complete refit. The new warehouse will offer increased storage capacity, enabling faster order processing, improved stock availability, and streamlined logistics transformation. The extensive upgrades also include brand-new office space, a modern façade, enhanced car parking, and landscaped outdoor area, all executed to the highest specification.
Spanning 3,145m² on an expansive 1.5378ha site, this architecturally refined building reflects the premium nature of its occupant. Archant, a market leader in decorative surface and product innovation, is renowned for bringing cutting-edge design to New Zealand interiors.
Underpinning the investment is a brand-new 10-year lease to Archant Limited, a 100% New Zealand-owned family business, returning an annual income of $840,000 per annum + GST.
Strategically positioned just off Omahu Road, this prime location ensures seamless connectivity to the Napier-Hastings Expressway and key transport routes, reinforcing its appeal as a premier industrial asset.
Opportunities of this calibre are exceptionally rare. With a state-of-the-art building, strong tenant covenant, and a blue-chip location, this is an investment that demands serious consideration.
Contact Danny Blair for further information.
Features:
* New 10-year initial lease from settlement
* Strong tenant covenant - Archant Property Limited
* Premium spec refurbished offices and clear-span warehouse
* $840,000 net rental pa + GST
* 2% annual rental growth
* 100% NBS
