Barfoot & Thompson Commercial are pleased to exclusively present this strategically located investment offering within the popular Wairau Valley, positioned inside the sought-after industrial and commercial business hub at Diana Court.

This property benefits from a brand-new five-year lease with two further rights of renewal for a further three years each, to a long-standing marketing company, returning a net income of $170,000 per annum plus GST.

The unit was fully refurbished and upgraded to a high standard in 2019 and comprises 620.40m² Gross Floor Area (GFA) and 607m² Net Lettable Area (NLA) of custom premium office interior fitout with warehouse, gym/utility areas and six dedicated car parks.

KEY FEATURES:

• Passive brand-new five-year lease to long-standing marketing company
• Fixed annual rental growth with market reviews on renewal dates
• Annual net income - $170,000 plus GST
• GFA: 620.40m² and NLA: 607m² plus six dedicated car parks
• Fully upgraded and refurbished in 2019
• Eye-catching custom fit-out to a very high standard
• Strategically located with nearby North and South motorway access

For sale by Private Treaty, should you have any further interest or queries, we encourage you to contact the sole agents listed below at your earliest convenience.