A high profile investment leased to a well-regarded tenant with annual rental increases.
The property has been occupied by Resene Paints Limited for since 2004, returning $100,282.30 plus GST with annual rental increases of CPI + 1%.
Occupying a prime position on the sought after Molesworth Street / State Highway. The 978 sqm site is improved by a north facing showroom with nine on site car parks.
A high growth investment, ticking all the boxes for a long term passive investment.
For sale by way of Deadline Private Treaty, closing Wednesday, 26 November 2025 (unless sold prior).
For more information or to arrange an inspection contact:
Benet Carroll
021 028 94537
benet.carroll@colliers.com
Please note: all floor areas are approximated only.
Features:
- Net Rental: $100,282 plus GST p.a
- Leased to Resene Paints Limited
- Annual rental increases: CPI + 1%
- High profile, popular location
- North facing site with 9 car parks
More information: https://www.colliers.co.nz/p-NZL67035865