Affordable industrial investment - must be sold
An affordable, manageable industrial investment in one of Whangārei's most tightly held industrial locations, with motivated vendors committed to achieving a sale.
Positioned prominently on Port Road, this 642sqm freehold property is improved with approximately 400sqm of industrial buildings and leased to Neil Shaw Automotive Limited, an established local automotive business.
A new lease commencing September 2026 provides rental income of $56,000pa + GST and outgoings, with two rights of renewal and CPI rent adjustments at renewal.
The property's manageable size, established income and prominent location make it an attractive opportunity for first-time commercial investors or those looking to add to their existing portfolio.
Key features:
•642sqm freehold Light Industrial site
•Approximately 400sqm of industrial improvements
•Returning $56,000pa + GST and outgoings
•Established automotive tenant with a new lease
•Motivated vendors committed to selling
The trustees have made the decision to sell, presenting an opportunity to secure an income-producing industrial property in an established location.
For sale by auction
12pm, Wednesday 2 December 2026 (if not sold prior)
To access the property files/data room, copy and paste the link below into your browser:
https://www.propertyfiles.co.nz/property/1055325
To arrange an inspection, contact the sold agents at Bayleys in the North
Nigel Ingham 021 562 919
Daniel Sloper 021 022 10339
Positioned prominently on Port Road, this 642sqm freehold property is improved with approximately 400sqm of industrial buildings and leased to Neil Shaw Automotive Limited, an established local automotive business.
A new lease commencing September 2026 provides rental income of $56,000pa + GST and outgoings, with two rights of renewal and CPI rent adjustments at renewal.
The property's manageable size, established income and prominent location make it an attractive opportunity for first-time commercial investors or those looking to add to their existing portfolio.
Key features:
•642sqm freehold Light Industrial site
•Approximately 400sqm of industrial improvements
•Returning $56,000pa + GST and outgoings
•Established automotive tenant with a new lease
•Motivated vendors committed to selling
The trustees have made the decision to sell, presenting an opportunity to secure an income-producing industrial property in an established location.
For sale by auction
12pm, Wednesday 2 December 2026 (if not sold prior)
To access the property files/data room, copy and paste the link below into your browser:
https://www.propertyfiles.co.nz/property/1055325
To arrange an inspection, contact the sold agents at Bayleys in the North
Nigel Ingham 021 562 919
Daniel Sloper 021 022 10339
Key features
Lease
Established automotive tenant with a new lease
Zoning
Light Industrial
Passing income
Returning $56,000pa + GST and outgoings
