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Cambridge

296 Peake Road, Cambridge, Waipa

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2.20 ha Land area SQM
8,048sqm Floor area

Brand New A-Grade Industrial Investment


Key Features:
• New ten (10) year lease to Glasslines NZ Limited
• Currently returning $1,400,000pa net +GST with built in rental growth
• Impressive, brand new 8,048sqm facility on a 2.1975ha freehold site
• Golden triangle location close to State Highway 1 and State Highway 1B

Leased to a well-entrenched tenant with significant tenant investment in plant and equipment, this property enjoys easy access to key transport routes, ensuring efficient logistics and distribution capabilities.

The fast-growing Waikato location has benefited from major infrastructure improvements that have seen the area thrive. A fantastic industrial investment, leased long term.

This is fundamentally good real estate.

Contact the agents below for more information:

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

Scott Campbell
021 414 107
scott.campbell@bayleys.co.nz

Willem Brown
021 161 4066
willem.brown@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

Lakewood, Unit 1, Block C, 36 Lake Street, Cambridge

16
Apr

Time2pm
Calander
Calendar
Sunil Bhana

Sunil Bhana

Director - Capital Markets, Industrial and Logistics

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Willem Brown

Willem Brown

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Scott Campbell

Scott Campbell

National Director – Industrial

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Occupancy


Currently returning $1,400,000pa + GST with built in rental growth

Floor area details


Impressive, brand new 8,048sqm (approximately) facility

Land area breakdown


2.1975ha (more or less) freehold site

Lease term


New ten (10) year lease to Glasslines NZ Limited

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