Commercial

Versatile Industrial Investment - Wanaka

5 Frederick Street, Wanaka

Industrial Buildings
dollar

Negotiation

Floor area
1256m²
Land area
1869m²
Title type
Freehold

Map

Property description

Listing # 67038435|Listed on 11 February

Offered to the market for the first time this is a rare opportunity to purchase a 1869sqm freehold property with two substantial buildings in the heart of Wanaka's main industrial area.

This multi-use property offers an exceptional opportunity for investors or owner-operators seeking flexibility, proven income returns, and future growth.

Purpose-built for a variety of uses, the property combines storage, professional office space, residential living, and industrial uses. The property is currently fully leased to numerous local businesses.

Opportunities like this are rare in Wānaka. The ability to live, work, store, and produce from one site simplifies business. With continued local and regional growth and limited industrial supply, this property represents a compelling investment.

FEATURES

  • 1869sqm freehold site
  • Flexible buildings with multiple uses. Combined floor area 1232sqm approx.
  • Gross rental income of $299,809 pa + GST
  • Multiple income streams spreading risk
  • Situated in an established industrial location that is tightly held
  • Within close proximity to Wanaka's Town centre and Three Parks

Contact Geoff McElrea for further information.

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Otago Realty (NZ) Ltd (Licensed: REAA 2008) - Colliers, Wanaka

Geoff McElrea

Otago Realty (NZ) Ltd (Licensed: REAA 2008) - Colliers, Wanaka
17 active listings

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