15-17 James Street, Waipukurau, Central Hawkes Bay
Deadline Sale
6m2
2m2
+13
+12
For sale - Industrial asset with reliable income
A compelling industrial investment in the heart of Waipukurau, 15–17 James Street delivers scale, secure income, and future upside. Positioned across a substantial 6,488m 2 (more or less) landholding on two titles, the property is well configured for industrial use with a combination of warehouse, processing, and office improvements. The improvements include a 909.5m2 high-stud warehouse at 15 James Street and a 1,681m2+ industrial complex at 17 James Street, comprising processing plant, warehouse, offices, and amenities. A sealed yard and excellent access at 17 James Street support efficient logistics and operational flow. The property is underpinned by a long-standing tenant (circa 14 years occupancy) who are on a 3-year term starting September 2024 with two rights of renewal and a final expiry on September 2033, providing income certainty. In addition, the asset offers value-add potential through further development, reconfiguration, or additional leasing to maximise returns. Key Investment Highlights -Established tenant (circa 14 years occupancy) -New lease currently under negotiation, 5-year term + 3 rights of renewal -6,488m2 landholding across two titles -909.5m2 + 1,681sqm+ industrial improvements -Sealed yard with excellent access -Future upside through leasing, upgrades, or site optimisation
15-17 James Street, Waipukurau, Central Hawkes Bay
Web ID
HC217174
Floor area
2m2
Land area
6m2
District rates
$1,884.22pa
Regional rates
$811.6pa
LV
$415,000
RV
$850,000
Deadline Sale (unless sold prior)
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