For Sale

The New Zealand Government in the prosperous Wairarapa.Finance is available to the Purchaser. The vendor company's ultimate owner is the Wairarapa Building Society. (T's & C's apply)Built in 1988/89 to exacting State Service specifications and recently strengthened and extensively refurbished.The tenants are the Ministries of Education and Social Development; Health NZ & Oranga Tamariki.

Immaculately presented with two national tenants. Masterton has probably the lowest office vacancy rate in NZ. One of these tenants spent two years hunting for quality space.Very well built with quality low-maintenance materials in 2010, and recently largely refurbished by an institutional owner. Two EV chargers in car park - 14 parks.

This is a compelling value-add business and investment opportunity underpinned by strong existing accommodation fundamentals and significant untapped revenue potential.Since 2013 the Gateway has been owned by offshore investors and operated under management.

Options galore: relocate your business to one of the buildings, or spruce them up and secure a tenant.Strong profile opposite McDonalds & Pak'n Save.It's not too hard to see how these buildings can be easily adapted to other uses - see the STIHL shop next door.Centrally located between The Esplanade and Jackson Street.

» 5,572 square meter - 32 car parks - fully leased until April 2027. NBS 80%» Comprehensive feasibilities for hotel/offices and apartments» For sale by negotiation<"h3" class="h-custom-headline "ddinfoheadline"" >Due Diligence InformationClick the button below to access the Dataroom.

Nothing else compares. And after many decades, but just one business, this 1.7 hectare site is for sale by negotiation .The property includes the Z Truck Stop which at $15,000 net plus GST pays the rates plus.Set-up in the 1980's as a transport deport, with offices (195m2) recently refurbished, the principal building is 1,600m2.

After many years of operating a leading Wellington double-glazing manufacturing and insulation business, Renee and Sandra have decided now's the time to move on, buy their dream motorhome, and hit the road. They have closed their business and now wish to sell the property the business operated from.

A fantastic opportunity to own a hassle-free 'bottom draw' investment with minimal management, with outgoings paid by the tenant who is very committed to the property (took up a nine-year lease last year and requested a further nine years).