Colliers is proud to present 99 Birch Avenue, a centrally located, multi-tenanted industrial asset in a highly sought-after location. Spanning a 3,137m² land area (approx. 1,846m² usable) with a 924m² building, this property features a tidy yard, a new roof, and a rare standalone title. With three established tenants generating $135,780 + GST & OPEX in rental income on short-term leases, it offers flexibility for investors seeking stable returns or owner-occupiers looking to secure a prime industrial space.
This versatile property presents a compelling add-value opportunity, allowing purchasers to secure long-term lease commitments or leverage the short leases for vacant possession. Its strategic location and strong fundamentals ensure broad appeal to a diverse range of buyers, from investors to businesses seeking a standalone industrial hub. Don’t miss this rare chance to acquire a high-potential asset in a thriving industrial precinct.
Features:
- Land area: 3,137m² (1,846m² approx. usable)
- Total building area: 924m²
- Current rental $135,780 + GST & OPEX
- Established tenants on short term leases
- Add value opportunity
- Sought after location
- 3 separate tenancies
- Available for owner occupation
- Rare standalone title
More information: https://www.colliers.co.nz/p-NZL67035546