10-Year Triple Net Lease!

A rare opportunity to secure a true set-and-forget industrial investment offering long-term income security under a triple net lease structure.   Occupying a substantial 5,835sqm freehold site, this industrial facility provides 2,717sqm of net lettable area configured for efficient production and distribution. The tenant — a contract manufacturer with nearly 30 years in operation — produces household goods for some of New Zealand’s most recognisable consumer brands. Their long-standing track record and entrenched client relationships provide investors with exceptional covenant strength.   The property will be sold with a new 10-year initial lease term, returning $530,000 net p.a plus gst under a triple net lease, meaning the tenant is responsible for all outgoings, maintenance, insurance, and structural obligations. This structure provides the incoming owner with a fully passive income stream — effectively eliminating unforeseen expenses and preserving the integrity of net returns.   The lease includes fixed annual growth, a mid-term market rent review, and is further supported by a bank guarantee, adding another layer of financial security. Industrial investments of this calibre — with a triple net lease, long tenure, and proven operator — are seldom available in the market. This is an opportunity to acquire an industrial income-producing asset that delivers genuine peace of mind and reliable long-term returns.   For sale by Deadline Private Treaty, offers closing 4pm, Wednesday, 10 December 2025 (unless sold prior). Features: * 2,718m² net lettable area * Standalone freehold site of 5,835m² * Returning $530,000 net p.a. + GST * New 10-year lease in place with rights of renewal * 2.5% p.a. fixed rental increases with market reviews 5-yearly * The site is zoned Light Industry Deadline Private Treaty More information: https://www.colliers.co.nz/p-NZL67037371