Bayleys Real Estate is proud and excited to offer Putauaki Village, 313A Hydro Road, Edgecumbe For Sale by Negotiation
• Long-term lease to Southern Cross Horticulture Ltd, one of New Zealand's most successful orchard developers and producers of SunGold Kiwifruit
• New 10-year lease returning $500,000pa + GST and outgoings with fixed rental growth
• Functional, purpose-built to the latest regulations and designed to Southern Cross Horticulture's specification
Newly developed, Putauaki Village provides highly sought-after accommodation with a total of 96 beds and a separate modernised cottage.
The final touches are being added to the facility, currently being used for the prized RSE workers employed by one of Bay of Plenty's leading horticulture businesses. Significant in scale the property features eight accommodation blocks with two main large common recreation areas, lounge, media rooms, dining, residents' kitchen, chefs' kitchen, laundry and bathroom facilities rounded off with a separate upgraded 3 bedroom cottage for managers' accommodation.
A rare opportunity for an investor to secure a newly built accommodation facility leased to Southern Cross Horticulture Ltd, an industry leader in successful orchard development and producers of Sungold Kiwifruit for an initial term of 10 years with further rights of renewal for a total of 30 years from settlement date with all outgoings paid by the tenant.
Call now for further property details and documentation on this gold offering.