Colliers is proud to present an outstanding investment opportunity in rural New Zealand, secured by a dependable income stream and featuring a tenant crucial to the local community. Fonterra, a significant player in New Zealand's business landscape, occupies this property, delivering a net rental of $83,141 plus GST.
Built in 2013, the building boasts modern construction with a robust combination of steel and concrete and an NBS rating of 70%. The versatile layout includes retail spaces, a bulk supply store and offices, all set on a substantial 2039m² parcel of land, providing valuable space for supplies and logistics.
Farm Source play a pivotal role in the local dairy industry and with an early renewal already locked in for a further term will continue to do so in the years to come.
Secure your stake in a passive investment that not only provides sound financial returns but also aligns with the heartbeat of Tararua. To be sold by Deadline Private Treaty (unless sold prior) closing 3pm on the 7th March 2024, contact Ash for further details.
Features:
* New 3 year lease from July 2024
* Net rental $83,141 + GST pa
* Multi-national tenant
* 70% NBS rating
