Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Former sawmill site on the market

Former sawmill site on the market for sale through receivership process

A large Rotorua industrial property owned by Tachikawa Forest Products Limited (in receivership) has been placed on the market for sale by Tachikawa’s receivers, Brendon Gibson and Grant Graham of KordaMentha.

Tachikawa operated two sawmills on the property until shortly before it went into receivership in October last year.

The sawmill was built in 1989, and was expanded in 1993 to cope with huge demand for milled timber planking and frames from the Japanese market. The property comprises almost eight hectares of land in Rotorua’s industrial precinct east of the city, and contains more than 18,000 square metres of buildings with access from two roads.

Among the structures in place are a selection of large warehousing and storage units, several office and administration locations, staff amenities, walkways and canopies, multiple workshops, sheds, and two sizeable structures which housed the heavy duty milling operations.

The level site is combined under three titles. Real estate agency Bayleys has been tasked with selling just the land and buildings on the Ngapuna site through a tender process closing on March 27. The sawmill’s plant and machinery is being sold separately. Marketing of the real estate assets is being conducted by Mike Adams of Bayleys Auckland and Mark Slade of Bayleys Rotorua.

“The address is surrounded by several large industrial businesses operating in the logging and agriculture industries in and around the Rotorua Lakes region, and therefore lends itself to the likes of a truck parking yard, engine and equipment maintenance and engineering plant, or industrial storage facility, as well as timber processing,” Mr Adams said.

“The remaining infrastructure is both sizeable and relatively new – allowing for either a ‘turnkey’ occupation or for straightforward reconfiguration into a new use.”

Mr Slade said that while the property is being offered for sale as one lot, it could easily be broken down into the three small portions offering flexibility and optionality for a new owner.

The three titles are individually comprised of 5038 and 7979 square metres, and 6.6 hectares.

All are zoned for industrial B use under the current local district plan, with a move to industrial 1 classification under the proposed district plan.

Tenders for the Ngapuna property and buildings close on March 27.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Science: Hookworm Discovery At Malaghan Institute

Professor Graham Le Gros has led a team which has stimulated both innate and memory responses to the parasite, discovering along the way the unexpected behaviour of one particular immune cell, in Hookworm, one of the world’s most devastating tropical ... More>>

Business: Provinces Urged To Make Full Use Of New Air Services

Provincial New Zealand has been urged to use new air services to Auckland or risk losing them either partially or completely. The stark warning was issued today by Far North mayor John Carter at a ceremony at Kaitaia airport to mark the final Air ... More>>

Mobile: 2degrees To Credit All Calls And SMS To Nepal

In the wake of the devastating earthquake in Nepal in the weekend, 2degrees will be crediting all calls and SMS messages made to mobiles and landlines in Nepal from Friday 24th April until midnight Wednesday 29th April. More>>

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news