Sensational tenant covenant!
Nationwide temperature controlled logistics tenant
Impressive annual net income with annual CPI reviews
An outstanding addition to any investment portfolio
This offering comprises a significant opportunity to secure a standout industrial asset tenanted by nationwide freight carrier Big Chill Distribution Limited that is owned by reputable NZX listed company Freightways Limited.
The property has been developed with a single-level, purpose-built cool store/cold store distribution facility that includes an environmental loading area with five loading docks plus offices and amenities positioned at the southern end of the site. The northern end comprises a fully concreted yard area which provides vehicle access, truck parking and external storage areas.
The overall quality and presentation of the property is superb with the site occupying a high-profile position at the southern entrance to the Putaruru township that includes a massive 152-metre (approximately) frontage to State Highway 1.