This poultry farm, located on 766 Orini Road, is only 10 km away from McDonald's Taupiri through SH1 highway, or 10 minutes away from Huntly which is south of Auckland. It produces free-range chicken meat for both the Waikato and Auckland markets.
The current landlord is retired and has leased to a tenant to occupy and run the business.
Key features:
• Rent - $60k plus GST annually.
• CPI review on each lease renewal date, which are 20/06/2024, 20/06/2027, 20/06/2030, 20/06/2033, and 20/06/2036.
• Lease final expiry date on 19/06/2039 if all rights of renewal are exercised.
• The property comprises 16,506 square meters of land and buildings, including a 4-bedroom home and the various poultry sheds, and a packing house.
• CV is $1,170,000 as of 2020.
The senior vendor is keen to cash out, and all serious offers are considered.
Please contact us for all details.