87-89 And 91 Hokio Beach Road, Levin, Horowhenua

A rare opportunity to secure a high-quality industrial investment in one of Whanganui's premier industrial locations. Positioned on 6,937 m2 (approx) of freehold land, this substantial property features a 2,578 m2 (approx) purpose-built manufacturing facility with specialised industrial fit-out. Leased to Pacific Helmets NZ Limited, this investment is underpinned by one of Whanganui's leading export manufacturers, with an established international presence, an outstanding reputation for innovation and a commitment to ongoing expansion. Pacific Helmets represents the calibre of tenant sought by discerning investors. Returning $304,000 net per annum, providing reliable income together with built-in rental growth. Industrial investments of this quality, with an internationally recognised manufacturing tenant and strong income fundamentals, are seldom available in the market. A secure, passive investment backed by an industry-leading tenant, with a proven track record and exciting future prospects. Investment Highlights: • 6,937 m2 (approx) freehold industrial site. • 2,578 m2 specialised manufacturing facility. • Established industrial location in the Castlecliff industrial hub. • The Tenant is Pacific Helmets NZ Limited. • A proven export focused business with international reach. • Committed to future growth and expansion • A Blue Chip investment offering secure cash flow. • Returning $304,000 net per annum. For Sale by Tender closing 4pm, Thursday 24 September 2026 (will not be sold prior).

Tender 24 September 2026

42 Bedford Avenue is an imposing building, alongside the Castlecliff branch line, Whanganui and is particularly eye-catching when travelling along Heads Road. Cross the railway line and follow the north wall around to the main Bedford Avenue entry and you can appreciate the size of this grand structure. Designed in 1918 by Wellington architects and constructed as a wool store, the building has a cavernous open plan with a ground floor area of 2,190 m2 (approx) inclusive of one main plus two adjoining rooms with total floor area 3,510 m2 (approx). The main roof structure is saw-tooth, predominantly corrugated iron with Super Six asbestos on the lower single storey gable roof. The current owner has carried out significant roof replacement works to secure the main building against water ingress. Present use is as a storage unit throughout the majority of the main ground floor, plus an artist studio and general storage unit. For sale $700,000 plus GST (if any).

$700,000 + GST (if any)

Positioned within one of Whanganui's established industrial locations, this substantial development site of 9,394 m2 (approx) is situated among significant industrial businesses, 3.8km from the city centre. The property features 4 titles, comprised of 3 x 1,012 m2 (approx) and 1 x 6,358 m2 (approx) with a flat to gently sloping contour, providing an excellent platform for future industrial or commercial development. Benefiting from extensive road frontage along two boundaries, the site offers outstanding accessibility and exposure. Standard services are available either to the site or immediately adjacent, supporting a wide range of potential development opportunities. Prospective purchasers will note the older 470 m2 construction which is centrally located and may be a demolition proposition. For purchasers seeking a larger-scale holding, this property is also available in conjunction with the neighbouring property at 281-283 Heads Road, a fully developed office and warehouse complex, which is being marketed separately, creating an opportunity to secure a significant combined industrial landholding with significant upside. Price by Negotiation.

By Negotiation