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Industrial property in New Zealand is an excellent
area to invest in, with industrial sites available from under $200,000.
They can produce substantial returns over time and give high equity
with low risk.
Tenants of Industrial properties are generally bound
by long term leases over a period of 2 - 5 years with right to renew
after that period. This is favourable to an investor as it secures
cashflow for a long period of time giving good returns and establishing
the buildings yield.
The great thing about Industrial property is the low
maintenance in managing the property and business content.
This type of property are usually leased by practical
business people who generally pay by automatic payment on a monthly
basis so all you have to do is check your bank account. Tenants
generally cover all outgoings of the building such as rates, insurance
and potential maintenance required.
The only downside is the lengthy and wordy lease agreements
which can take some time to negotiate but are crucial to securing
your return on the property.
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