Offlined
On offer is the freehold title of Lot 1, 4 Fraser Street. Strategically situated in the Port of Whangarei. The buildings include a slipway, extensive workshops, undercover paint and refit shop, offices and reception. The tenants include Oceania Marine and Hancock Forest Management.
Key Features:
- Net rental: $957,662.54 +GST
- Freehold title Lot 1 DP 501413 on CT 749260
- 2.0630 Ha land area (more or less)
- Zoned 'Heavy Industrial'
- 5739 m2 approx. of buildings including extensive workshops, undercover paint & refit shop, offices and reception
- 800-tonne working slipway handling vessels up to 60 meters long
- 3 road access points to the property
- All consents and licenses are in place and current including coastal marine permits and seabed licences.
- Site provides deep water access
Lease terms Oceania Marine:
- $908,112.50+gst net
- Commencement date upon sale
- Term and renewals to suit purchasing party
Lease terms Hancock Forest Management:
- $49,550.04 +gst
- 4 year term
- Final expiry 31 March 2025 if all rights of renewal exercised
Contact us to secure this investment today.