ENZA FOODS, HASTINGS
Established in May 2011, this industrial complex is home to ENZAFoods New Zealand Limited having a net lettable area of approximately 13,300 square metres. The buildings sit on over 7 hectares of industrial zoned freehold land. The buildings consist of cool-store facilities, freezers, packing houses and significant yard areas and serve as one of the principal processing plants of ENZA’s nationwide business from where they produce for both domestic and international markets. The Property underwent a significant expansion and refurbishment at a cost of $4.2 million in late 2010.
The complex is strategically located within the heart of New Zealand’s horticultural region with neighbouring tenants including Heinz Wattie’s, Big Chill, Brownrigg Agriculture and, ENZA’s ultimate owner, Turners & Growers. The site is very large spanning in excess of 7 hectares.
Investors acquired 220 individual interests in this proportionate ownership scheme at $50,000 each.