10 Bounty Place, Raumanga, Whangarei, Northland

Bayleys in the North are proud to present 10 Bounty Place, Whangarei to the market for sale by Deadline Private Treaty (unless sold prior) closing 4pm, Thursday 6th March 2025.

•Freehold land and buildings for sale with majority vacant possession, part monthly lease arrangements

•Potential for further development with only 22% site coverage

•Owner occupier opportunity in an established industrial location close to State Highway 1

•Holding income of $15,816 (gross including GST) on a month-to-month arrangement

Introducing a rare light industrial zoned, 238.91sqm (more or less) workshop and secure yard in an established commercial/industrial precinct within proximity to State Highway 1.

Under pinned by a 1,051sqm (more or less) freehold title, with only 22% site coverage this property has potential for further development. The workshop space is currently part leased on a month-by-month arrangement on below market rental rates returning $15,816 (gross including GST per annum).

A highly versatile workshop, with a recently renovated office facing Bounty Place and 4 respective units in behind fully serviced with mezzanine storage.

This is an extremely rare property that will appeal to a range of occupiers and investors alike. Seldom do properties like this come to the market in Whangarei.

All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the Sole Agents, Bayleys Whangarei.

Please do not hesitate to contact a member of the project team in regard to any aspect of the content included in this document or to arrange a viewing of the property.

Contact the sole agents:

Daniel Sloper

021 022 10339

[email protected]

Nigel Ingham

021 562 919

[email protected]