Commercial
More from realestate.co.nz:
Agents News

Dual Industrial Investment - Prime Opportunity

205 Main and 170 East Street, Greytown

Industrial Buildings
dollar

Offers Over $2,340,000 Plus GST (if any)

Floor area
1446m2
Land area
2468m2
Title type
Freehold
On this page:

Map

Property details

Listing # CC210979 | Listed on 25 August

A rare opportunity to secure two fully tenanted industrial properties in the heart of Greytown. Located on separate freehold titles at 205 Main and 170 East Streets, this dual offering presents a solid investment with long-term income security and future upside.

The larger of the two properties, 205 Main Street, comprises a substantial 1042m2 (approx.) building featuring a showroom, offices, excellent staff amenities and a large, easily accessed manufacturing workshop, all situated on 1,715m2 of industrial-zoned land.

Directly adjoining the rear boundary of 205 Main Street, 170 East Street offers a modern 405m2 (approx.), high stud workshop/warehouse with its own access, its own office, kitchen and bathroom amenities, and its own 753m2 site.

Both properties are fully leased to the one company operating a well-established and reputable business with deep roots in the local community. The just renewed leases reflect current market rates ensuring a strong cash flow from day one.

Strategically positioned in Greytown, these properties offer more than just local convenience. With direct access to State Highway 2, they are part of a key logistics corridor between Wellington, the Wairarapa, and the wider lower North Island - adding greatly to their attractiveness as a sound investment proposition.

Key Features:

  • Two low-maintenance, industrial buildings in excellent condition
  • Separate freehold titles
  • A secure, long-standing tenant
  • Strong lease terms
  • An attractive yield
  • A prime location benefitting from dual access and a State Highway 2 profile
  • Excellent staff amenities
  • Complementary but stand-alone buildings - providing for integrated or separate use.

This is a rare, low-risk, hassle-free investment opportunity in a high-demand location, offering excellent returns and future upside. Don't miss your chance to own a premium slice of Greytown's industrial landscape and benefit from all that it has to offer.

For more information or to arrange a viewing, contact me today.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration