12 Pipiroa Road, Ngatea, Hauraki

•Final lease term underway•Vacant workshop, immediate options•Two freehold industrial titles•Income with future upsideSome properties give you an income from day one. Others give you room to improve. This one does both.Located in Ngatea, just moments from the State Highway 2 intersection, this versatile industrial property is well positioned between Auckland, Hamilton, Tauranga and the Coromandel Peninsula, making it an ideal base for businesses servicing the wider region or those needing secure storage for boats, machinery and recreational toys.Set across two freehold titles totalling 1,618sqm (more or less), the property provides established passive income with vacant workshop space ready for your own operation or a new tenant. The existing master tenant is now into the final three-year term of the lease, providing holding income today while creating future flexibility to renegotiate lease terms, increase occupancy or occupy the property yourself.With the vendor planning to relocate once the property is sold, this is a genuine opportunity to secure an industrial asset that delivers income today while offering clear upside for tomorrow.