NAI Harcourts are proud to present the repurposed airtraffic control tower of the Whangarei airport to the market for sale.
This is your chance to purchase an investment at 10% return or better, as the vendor has interests elsewhere.
The property covers approx. 336 sqm and is set up as spacious offices and meeting rooms with expansive views of the airport and surrounds.
This leasehold investment is offered with a commitment from WDC to vary or provide a new 12-year ground lease. Currently the property earns $26,000+gst net annually from the Northern Rescue Helicopter Limited. The ground lease rent is recovered from the tenant.
This investment is not limited to airport related industries but will interest those with an aviation connection as the property is right on the airport apron.
Contact us today as the vendor wishes to pursue another venture and want the property sold!