9 Ngati Maru Highway, Thames, Thames-Coromandel

Tenanted Investment- Solid Provincial Opportunity

RD1 is a subsidiary of Fonterra and supplies directly to NZ primary producers in the rural and lifestyle sectors. Seldom does the opportunity arise to purchase such a standout investment property with strong tenant profile and backing, returning $136,742 (net) p.a. with built in rental growth. \n\nAs part of a rebrand from RD1 to Farm Source the building will undergo a repaint and internal works at the tenants cost prior to settlement.\n\nKopu is a high exposure location, approximately 6 kms from Thames is the central service hub of the Hauraki Plains and the Coromandel Peninsula, also offering ease of access to Auckland and greater Waikato regions.\n\n- New 8 year lease commencing 24 July 2015\n- Tenant is a wholly owned subsidiary of Fonterra\n- 3,568sqm of freehold land in high profile location\n- Located at the gateway to the Coromandel Peninsula\n- IEP report completed and available upon request\n\nPROPERTY DETAILS\nLand Area 3,568sqm (freehold) \nBuilding Area 940sqm (more or less) \n\nTENANCY DETAILS\nName of Tenant RD1 Limited \nTerm of Lease 8 years \nCommencement Date 24 July 2015 \nNet Rental $136,742 + GST and OPEX\n