With a net rental of $225,000 per annum and a 10-year initial lease term plus a further 10-year right of renewal, 165 Glenda Drive presents an attractive long-term industrial investment opportunity in one of Queenstown’s tightly held commercial precincts.

The property is leased to Luxury Queenstown Limited and occupies a 1,078sqm landholding within the established Glenda Drive industrial hub.

The 530sqm building comprises two large work bays with roller door access, a canopy, and four offices positioned to capture expansive outlooks across the Kawarau River and towards Coronet Peak, The Remarkables and Cecil Peak. The office areas benefit from excellent natural light and include practical staff amenities such as a kitchen, bathroom and shower facilities.

A generous 743sqm yard and car parking area provides 22 on-site car parks, excellent vehicle access and storage space with potential for further development in the future.

Located in the heart of Glenda Drive, the property is well positioned within Queenstown’s established industrial precinct, where limited land availability and continued occupier demand underpin the appeal of the location.

Opportunities of this scale, income profile and strategic location are seldom available, making 165 Glenda Drive an attractive option for investors seeking a quality industrial property with long term income.