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Rare Industrial Offering by the Tannery

70 Maunsell Street, Woolston

Industrial Buildings
dollar

Deadline Sale

Floor area
500m2
On this page:

Deadline sale

Thursday
4:00pm
02
Oct

Map

Property details

Listing # 0478931S | Listed on 4 September

Savills presents for sale 70 Mansell Street a well-located industrial investment in the high-demand Woolston precinct. Strong tenant covenant, sound building, and secure returns make this an opportunity not to be missed.

This site is on a high-profile corner site near the Tannery High-profile, with excellent access to Ferry Road, Brougham Street, and the Lyttelton Tunnel. A proven industrial hub with strong occupier demand and great local amenities.

Key Highlights:

  • Freehold
  • 1,260sqm land
  • 350sqm Warehouse
  • 150sqm Office split over 2 floors
  • Reliable tenant – PortaCabins, Christchurch
  • Net rental $65,453 + OPEX ($16,538) + GST
  • Lease term to 1 March 2026 + renewals to final expiry 2035
  • Market rent reviews every 2 years from 2027, to expiry
  • 85% NBS seismic rating for the warehouse (the office is 100% NBS)
  • Solid tilt-slab construction with office extension
  • Passive, hands-off investment with income security

For more information contact the sole agents Kyle Aubrey 027 225 3532 or Joel Everson 022 199 0300.

  • Boundary lines are indicative only
  • All measurements are approximate
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