• Outstanding Building

• $226,600 Net Income

• 9-Years to Run on Lease

• Blue Chip Tenant

• 2021 Build

This stunning asset ticks all the boxes for astute investors. Built in 2021 to a high standard, it stands out among modern buildings in the area, is home to a reputable tenant who is part of a multinational corporation and has guaranteed annual income growth. There are few buildings in the district that can match this one.

The building comprises a total floor area of approximately 1,566m² and is situated on a 2,776m² property with impressive street appeal. The ground floor primarily consists of workshop space, divided into four separate areas, allowing different departments to operate in clean and quiet environments. Upon entering the building through the sunny north-facing reception area, the attention to detail and thoughtful design becomes clear. It features a generous foyer, meeting and creative spaces, and a semi-open-plan office for the design and management teams. The first floor is mainly reserved for high-end staff amenities, including a full kitchen, washrooms, a shower, and a staff lounge that opens onto a balcony.

The tenant, Sign-On, is a well-respected signage business specialising in custom sign fabrication for nationwide corporations and local operators. In 2024, Sign-On was acquired by ARA Group, a large Australian organisation with an expanding presence in New Zealand. 

The asset has profile to Broadlands Road and is strategically located next to the SH1 off-ramp. Neighbouring businesses include PGG Wrightson, The Toolshed, Huka Honda, ITM, Fairview Windows and Doors, TDX (Transdiesel), and Tradezone.

Upon request, a cloud folder link containing information such as the LIM report, property files, plans, lease documents, photos, and the tender document is available.

To find out more or to gather relevant documentation, call or email Tom.