Rārangi Hou
•Established commercial investment opportunity returning $69.574 net p.a.
•Substantial 1,016sqm premises purpose-built for Waste Management, New Zealand’s leading waste and recycling provider
•Underpinned by a 3,963sqm freehold site with underlying Industrial zoning
•Located less than 2km from Kaikohe’s town centre
79 Thorpe Road is a resilient investment opportunity tenanted by Waste Management NZ as a dedicated refuse and transfer station.
Purpose-built for Waste Management, the substantial 1,016 sqm premises operate as the only transfer, recycling and refuse facility in the wider Kaikohe area.
Underpinned by a large fee simple landholding measuring 3,963 sqm (more or less) and zoned Industrial under the Far North District Plan.
Returning a secure $69,574 net p.a. from Waste Management, New Zealand’s leading waste and recycling provider, with a final lease expiry in 2038, this investment offers long-term stability.
Located less than 3 minutes travel time from Kaikohe’s town centre, the property’s position and use as a critical service for the region provides potential to be a resilient and passive long-term investment.