The land and building at 1 Mueller St, Waihi tenanted by Oceana Gold (NZ) is for saleMining company Oceana Gold's expansion in Waihi has created property investment opportunities, real estate agency Bayleys says. In October, Oceana Gold received the go-ahead to increase its underground mine and buy 180 hectares to create ponds for its gold mining tailings from newly discovered veins. As a result, the land and building at 1 Mueller St, Waihi tenanted by Oceana Gold (NZ) is for sale. It has a separate gated entrance off Mueller St and the fenced yard area has been used as storage, staff and customer parking, and for deliveries. Oceana Gold took out a new lease returning $41,600 a year net rental on March 15 for three years with rights of renewal every two years with final expiry in March 2026.

Source: Stuff November 04, 2019 21:56 UTC