Blue chip tenant

56 and 58, Moa Street, Piopio, Waitomo

Price On Application

Proposed Usage
Development Site
Floor Area
1769.00 m²
Land Area
1769.00 m²
Description:
Property ID
1bqz495

The site has frontage to Moa Street (forms part of State Highway 3). The original building was constructed circa 1960 with subsequent extensions and is a minimum of 67% NBS. Includes a separate yard with access from Kea Street.

The property is located in the Pio Pio settlement, which abuts State Highway 3, the principal thoroughfare between Hamilton and New Plymouth. Pio Pio contains amenities and is a service centre for the immediately surrounding rural district.

Pio Pio is located 100 kilometres to the south west of Hamilton and 139 kilometres to the north east of New Plymouth.

Building areas (approximate):

* Showroom/amenities: 260sqm
* Bulk store: 56sqm
* Retail: 60sqm

Features:

- Site has frontage to Moa Street (forms part of State Highway 3)
- Original building constructed circa 1960 with subsequent extensions
- The building has been strengthened to minimum 67% NBS
- The 'old' building to the east of the site is vacant and has not been assessed for earthquake strengthening
- Includes a separate yard with access from 2A Kea Street
- Lease term ten years from settlement
- Rights of renewal five x three years
- Rent review every two years during initial term of lease, based on CPI to maximum of 6%
- Commencement rental $41,565pa + GST
- Outgoings payable by tenant

Enquire about this property

Piopio Area