Red Hot Cold Storage Opportunity

Seize the chance to acquire this significant chilled and frozen distribution centre strategically located in the highly sought-after Wiri industrial hub with unbeatable transport links. A lease to Foodstuffs North Island Limited will be in place at settlement until December 2027, returning $4,503,881 net p.a. + GST which offers a unique chance for both operators and investors to secure a strategic foothold in one of New Zealand’s most sought-after logistics sectors. With rising demand for cold storage solutions and the prohibitive costs associated with replicating such a facility, 17 Nesdale Avenue represents an exceptional opportunity not to be missed.

Features:

• Incredibly rare opportunity for coldstore operators
• Auckland’s cold storage is in short supply
• Less than 1km from the Cavendish Drive SH20 interchange
• Established and sought-after industrial location
• Short-term rental on offer
• 34% site coverage
• Development opportunity
• 16,123m² building area
• Freehold site of 46,205m²

More information: https://www.colliers.co.nz/p-NZL67036612