Ngongotaha Industrial Park

16-22, Corner Taui And Wikaraka Streets, Ngongotaha, Rotorua

$1,890,000

Proposed Usage
Industrial
Floor Area
3925.00 m²
Description:
Property ID
1btwrrk

Asking price plus GST (if any).
- Substantial freehold landholding of 2.8342 hectares
- Multiple titles and lots for future development
- Nine sitting tenants returning an excess of $160,000 per annum (gross)
- Surplus land for future development
Rare opportunity to purchase this substantial industrial landholding well situated being close to Ngongotaha township for workforce and suppliers/ amenities. Providing easy access to State Highway 36 north to Tauranga and State Highway 5 north to Hamilton and Auckland, and south to Taupo. Offering a mix of industrial offices, canopy, warehouse/factory and multi-purpose fenced land and providing a solid, stable cash flow with upside to be gained by future development of additional land.

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Ngongotaha Area