A piece of history awaits the prudent buyer of this freehold tenanted investment, leased to a very
profitable winery, bottling and packaging plant catering for the export market.
With approximately 1600m of buildings, the tenant has plenty of room for the continued rapid
growth of its business. The owners have upgraded plant and buildings at significant cost to
accommodate this boom.
The property is bathed in history within the wine industry dating back to 1903 as the original
Viticultural Research Station for New Zealand.
This freehold investment is offered for sale on the following terms:
- Lease Term: 6 years from July 2013
- Tenant: TK Vintners and Bottlers Limited (since 2006)
- ROR: 2 x 6 years
- Rent: $148,000 pa Net + GST + 100% of outgoings