Industrial properties with this level of rental income do not often become available for sale in Taupo. Strategically located on a 10,237m² site just a 3-minute drive from SH1 in the Centennial Industrial zone this property offers:
- 10,237m² (more or less) of land
- 1,895m² (more or less) buildings constructed in 2013
Colliers Taupo has been exclusively appointed to market 2 Titan Way for sale by Deadline Private Treaty (unless sold prior).
1,895m² (more or less) buildings constructed in 2013 and comprising:
~ 726m² workshop/warehouse constructed in 2013
~ Canopy 1001m² area, enclosed on 3 sides, housing the tenant’s manufacturing facility
~ Office/Laboratory/Amenities area of 168m² warehouse
Leased to Activated Carbon NZ Ltd, a New Zealand industrial technology company converting Pinus Radiata waste to high-value black carbon particles with a wide range of industrial applications.
- Annual rental $245,000 plus GST & outgoings
- Current lease term expires 14 March 2026
- One 12 year Right of Renewal to 14 March 2038
- Substantial shareholder guarantees
DEADLINE PRIVATE TREATY 24th SEP 2020 4PM (UNLESS SOLD PRIOR)