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31-33 Waterford Road, Katikati, Western Bay of Plenty, Bay of Plenty, 0 Bedrooms, 0 Bathrooms, Industrial Buildings

$995,000

31-33 Waterford Road, Katikati, Western Bay of Plenty, Bay of Plenty

1122m2
4136m2
Industrial BuildingsListed on Mon Oct 16
$5,911/Monthly repayments
Based on estimate value
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Katikati Large Katikati industrial land and buildings

• Strategic established industrial precinct fronting State Highway 2

• Limited industrial land currently available in the Katikati area

• Affordable industrial site being sold with vacant possession

• High profile position at the north western entrance to Katikati

Formerly part of the larger Baker Timber Supplies Sawmill property, this offering comprises two adjoining industrial zoned titles totalling 4,136sqm (more or less) that front State Highway 2 at the northern entrance to the Katikati town centre. An option to purchase the adjacent 2,593sqm (more or less) site on the northern boundary may also be considered.

Property improvements dating back to circa 1970's / 1980's are in average condition and include an administration office adjacent to the front entrance, together with a sizeable industrial building to the rear containing an open plan warehouse area, attached canopies and a mezzanine staff room. Adjoining this are a smaller workshop building and a moulding bay building plus a standalone former boiler room / incinerator facility. The balance of the land is predominantly sealed yard with some metalled areas that is currently utilised for external storage and parking.

Being sold with vacant possession or a short term lease back, the property presents multiple industrial or redevelopment options for owner occupiers or add value investors to secure an affordable provincial site in the tightly held thriving rural service town of Katikati.

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Ref:2503529Last update:2024-05-01 16:41:10