Colliers are proud to exclusively present for sale 19-25 Keeling Road, Henderson - A large scale standalone industrial investment occupied by a longstanding multinational tenant on a long term lease!

Secure and bankable, packaging specialist "Pact Group" has occupied this light industry zoned site for over 40 years and counting.

Returning $726,332 pa net, Pact Group is currently at the front end of a 10 year lease term, with built in annual CPI growth along with market reviews throughout.

Sitting on a 9,018 sqm freehold title, the functional asset ticks all the boxes, including:

• Road front position
• High warehouse ratio (86%)
• Rear yard / container drop area
• Ample parking
• Building splits into 2 for future flexibility
• Multiple roller doors
• Sprinklered throughout
• Easy truck access

Astute investors will take note of the current contract rental rates.

Our long term vendor advises "seriously for sale - present all offers"!

Call the sole agents today to register your interest:

Matt Prentice 021 464 904, Shoneet Chand 021 400 765, Jack Tuson 027 448 1148

Features:

• Returning $726,332 pa net
• 9,018 sqm freehold title
• 5,117 sqm standalone asset
• Part way through a 10 year lease term (plus ROR’s)
• Annual CPI growth + market reviews throughout
• Longstanding multinational tenant covenant
• High warehouse ratio (86%)
• Rear yard + ample parking
• Road front position
• Low vacancy area

More information: https://www.colliers.co.nz/p-NZL67037134