EXETER MANUFACTURING PLANT - FREEHOLD INVESTMENT OPPORTUNITY
WE ARE PLEASED TO OFFER 2 TITLES AND ALL IMPROVEMENTS AT 67 MAIN ROAD, EXETER, PERMITTED USE FOR GENERAL ENGINEERING, MACHINING WORKSHOP AND ADMINISTRATION OFFICES. LEASE FIVE YEARS COMMENCING SEPT 2008 WITH A FIVE YEAR OPTION, ANNUAL CPI REVIEWS WITH MARKET REVIEW AT OPTION RENEWAL. TENANT HAS BEEN IN SITU FOR 11 YEARS.PASSING RENT CIRCA $115,000 PER ANNUM.LESSEE PAYS OUTGOINGS INCLUDING RATES, WATER AND LAND TAX.LESSEE PAYS BUILDING INSURANCE PLUS FIXTURES AND FITTINGS INSURANCE, PI AND UP TO 12 MONTHS LOSS OF RENT AND PROFITS.ALL DETAILS PROVIDED IN GOOD FAITH, MEASUREMENTS ARE ESTIMATIONS AND ARE SUBJECT TO SURVEY.
The size of Pioneer is approximately 86.2 square kilometres. It has 4 parks covering nearly 108.0% of total area. The population of Pioneer in 2016 was 89 people. By 2021 the population was 79 showing a population decline of 11.2% in the area during that time. The predominant age group in Pioneer is 50-59 years. Households in Pioneer are primarily single parents and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Pioneer work in a trades occupation.In 2021, 82.80% of the homes in Pioneer were owner-occupied compared with 80.50% in 2016.
Pioneer has 86 properties. Over the last 5 years, Houses in Pioneer have seen a 8.25% increase in median value. As at 30 April 2026:
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