Savills and Bayleys are proud to present a bottom-drawer heavy industrial investment, secured by a new ten (10)-year triple net lease to APD Limited (est. 1984). APD is a premier New Zealand manufacturer and market leader in innovative water management solutions, providing strong covenant strength and long-term income security.
The property has recently undergone a comprehensive refurbishment, including the construction of brand-new two (2) storey offices, an upgraded car park, and a warehouse extension, all purpose-built to suit the tenant’s specific operational requirements. The building offers strong functional fundamentals, including gantry cranes, substantial power supply, and full drive-around capability, supporting long-term occupational suitability for both the current tenant and the wider industrial market.
Prominently positioned with excellent street frontage, the site benefits from dual points of ingress and egress, enhancing accessibility and operational efficiency.
The location is a well-established and highly sought-after industrial precinct, offering immediate access to State Highway 20, approximately 900 metres away, and seamless connectivity to the wider transport network. This underpins sustained demand from logistics and manufacturing occupiers, supported by a nearby skilled and established labour force.
Investment Highlights:
• Net income of $1,351,300 per annum plus GST
• New ten (10) year lease with further rights of renewal
• Passive investment with a long-established tenant
• Total net lettable area of approximately 6,420sqm
• Zoned Heavy Industry with future expansion potential
49 McLaughlins Road is offered for sale by Deadline Private Treaty, closing Thursday 12 March 2026 at 2:00pm NZST (unless sold prior).