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.