This is a rare opportunity to acquire a high-yielding modern, multi-tenanted, freehold industrial investment at 6.78% return on the passing rental.
Situated on the gateway site into Tawhiri Business Park and sitting on 4914 sqm of Business 2A Zoned land, this property boasts a building floor area of 2236 sqm, split into eight separate tenancies with a current passing rental of $423,923 + Opex + GST.
Opportunities to acquire modern industrial investments with diversified income streams are very seldom available to the market. This property offers investors the chance to purchase a near new asset (built 2022 & 2023) with a strong tenant mix at a yield that is very attractive.
For Sale by Asking Price $6,250,000 + GST (if any)
Call the sole agents for more information.
Features:
- Split risk with diversified income stream
- Asset is 100% occupied
- Modern construction and finishes (built in 2022)
- Eight (8) separate tenancies ranging in configurations and sizes
- Annual rental $423,923 pa + GST and outgoings
- High growth area and highly sought after industrial location.
- Wide ranging mix of businesses on site
- Strong history of occupancy
More information: https://www.colliers.co.nz/p-NZL67035898
