Currently returning $51,000pa + GST, with CPI rent review due October 2026 and projected to increase to approximately $54,000pa + GST, this investment will be yielding close to 6% in the near term.
This represents an excellent opportunity to secure a solid, income-producing industrial investment, delivering returns well above traditional bank deposits, with built-in rental growth.
The property is leased to a well-established tenant on a five-year lease, who has operated from the area for an extended period.
The building has benefited from a new roof in recent years, along with ongoing internal upgrades completed by the vendor, ensuring the property remains in good functional condition.
- Total floor area of 273sqm approximately
- Five car parks
- Near new roof
- Long-term lease
- Prime Wairau location
The vendor is highly motivated and has instructed us to present all offers.