23 and 27 Katere Road, Waiwhakaiho, New Plymouth, Taranaki

23 and 27 Katere Road, Waiwhakaiho, New Plymouth, Taranaki Waiwhakaiho industrial - Full of upside

• Located in the Bulk Retail/Light Industrial precinct of New Plymouth

• Drive through site with dual road frontages

• Large 5,459sqm land holding in sought after Waiwhakaiho

• Quality regional tenant in place

23 & 27 Katere Road offers a substantial site of 5,459sqm (more or less) with a new three year lease returning $275,000pa net.

Located in close proximity to New Plymouth's bulk retail and light industrial precincts, including the Valley Shopping Centre which is home to Mitre 10 Mega, Noel Leeming, Countdown, Rebel Sports, Briscoes etc, with the adjacent ex Ravensdown site currently being redeveloped in to a multi-million dollar mixed use complex including retail and accommodation.

The buildings are comprised of a mix of high and medium stud warehousing with offices and amenities. There is an extensive car park (20+ marked) with small yard space to the east towards Craig Place which provides additional access to the site.

The ability to redevelop such a strategic site in future years is a rare opportunity.