Colliers is pleased to exclusively offer for sale 157 Archers Road, Wairau - An opportunity to secure a bite-sized freehold corner investment with a secure dual income stream, located in a high-profile & tightly held location.
Positioned on a prominent 1,174 sqm freehold site on a main Wairau arterial road, the property consists of a 565 sqm standalone industrial premises along with 21 onsite carparks, occupied by 2 longstanding tenants.
Returning a total of $122,268 per annum net, National Brand “Discount Tyres” occupies the front tenancy, with “Enterprise Collision Repair” taking the rear.
Astute investors will appreciate the guaranteed rental growth & long term positions undertaken from the established tenants.
Designed for functionality and versatility, the site benefits from excellent access and flow, multiple roller doors, and generous on-site parking.
This is a compelling opportunity to secure a diversified, dual-income investment in a prime corner position!
For further information, contact the sole agents today.
Matt Prentice 021 464 904, Shoneet Chand 021 400 765 and Jack Tuson 027 448 1148
Features:
- 1,174 sqm freehold title
- 565 sqm standalone asset
- Returning $122,268 pa + GST + OPEX
- Established tenants on long term leases
- Road front, exposed corner position on a main arterial
- High warehouse ratio + 10 roller doors
- Light Industry Zoned
- Ample car parking (21)
- Proven low vacancy location
More information: https://www.colliers.co.nz/p-NZL67038445
