Purpose-built for the current tenant, this high-quality industrial investment presents an exceptional opportunity to secure a modern, purpose-designed facility underpinned by a strong national tenant covenant.
Positioned on a prominent 6,000m² corner site within Whakatu, Hawke’s Bay’s premier industrial precinct, the property comprises approximately 2,889m² of improvements including a substantial warehouse, semi-enclosed canopy, two-level office and amenities block, office annex, outdoor staff area and pump shed. Originally constructed in 2010 and extended in 2015, the warehouse has a stud height of 6.3-metres at the knee and well-appointed two-level office and amenities block. It has been built to a high specification which includes a bunded perimeter for oil spill containment and is fully sprinkler protected.
The property is underpinned by a 10-year lease to TotalEnergies Akashic SPE.NZ Limited, commencing October 2020 and returning $312,000 net pa + GST.
Strategically located within the tightly held Whakatu industrial precinct, the property enjoys excellent access to State Highway 2 and Hawke’s Bay’s key arterial transport routes, providing efficient connectivity to Hastings, Napier, the Port of Napier and the wider regional freight network.
High-quality industrial investments of this calibre, combining modern improvements, purpose-built functionality and a strong tenant covenant, are seldom available to the market.
For sale by Deadline Private Treaty closing 3pm, Thursday 8th October 2026 (unless sold prior).
Contact Danny Blair today for further information.
Features:
* $312,000 net rental pa + GST
* Strategic Whakatu industrial location
* 6,000m² prime corner site
