An exceptional industrial investment opportunity has arrived on the market — a substantial, high-profile property on a prominent corner site, tenanted (and currently owned) by Brokers United, a thriving and expanding North Island commercial vehicle repair and paint specialist.
This impressive investment includes a brand-new 8-year lease returning net $105,000 + GST, with fixed annual increases of 2% throughout the lease term.
Situated on two freehold titles, the property enjoys a prime position within a busy industrial precinct, offering excellent access to Lake Road — a key arterial route connecting directly in and out of the city.
Industrial investments of this calibre are seldom available.
Contact Mark or Rob today to secure your viewing.
Features:
- Total land area: 1,550m²
- Floor area: 981m²
- New 8-year lease
- Fixed annual 2% increases
- Wide corner site
- Two freehold titles
- Substantial building
More information: https://www.colliers.co.nz/p-NZL67037180
