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Industrial Investment with New 6-Year Lease

2,955 sqm freehold title | Returning $156,495 pa net + GST | A-grade international tenant

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The Opportunity

7 Waitane Place is a purpose-built distribution complex for Coca Cola Amatil, now CC Europe (original tenant). The property provides high stud (6.4 metre clearance) to the portal knee coupled with excellent design allowing for permitted in/out truck access within a secure area.

For sale by Deadline Private Treaty closing 4:00pm, Thursday 16th December 2021 (unless sold prior).


  • Quality modern building
  • A-grade international tenant
  • Premium location
  • Future rental growth
  • $156,495 net rental pa + GST

*Boundary lines are indicative only.


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Returns $156,495 plus GST net per annum

The property is an attractive mix of approximately 15% office/ 85% warehouse, plus additional canopy, yard and abundant car parking.  In summary, the property is an excellent, well designed modern storage/distribution centre that meets the tenant’s requirements.

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Premium location with an A-grade international tenant

The property is located in the Onekawa industrial area, which is Napier City’s primary industrial area. Waitane Place is located off Ford Road, a main internal connector road crossing Austin Street. Austin Street in turn connects Taradale Road and Prebensen Drive, which are both main arterials for Hawke’s Bay.  Notable neighbours include Carters, Peter Baker Transport and Kennards Storage plus neighbouring ‘The Workshops’ development.

The Agents

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Danny Blair


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Licensed under the REA 2008

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Calum Ironside


Hawke's Bay Commercial

Licensed under the REA 2008


Sales Process


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