This substantial industrial holding comprises approximately 2,229 m² of improvements set across a generous 10,424 m² landholding, delivering immediate income alongside long‑term land value growth.
The property features multiple steel‑framed, coloursteel industrial buildings with well‑configured associated yard areas. Each building offers a practical blend of workshop and office accommodation, designed to meet the needs of a broad range of industrial occupiers.
The property is fully leased, producing approximately $400,000 + GST per annum across 11 separate leases. With varying lease expiries out to 2030, this investment ticks the boxes for both investors and future occupiers alike.
This is a high‑quality industrial asset offering scale, adaptability and future development potential - an ideal proposition for investors seeking a well‑located property with strong underlying fundamentals and proven long‑term growth appeal.
Contact our brokers for further information:
Ben Taylor on 022 375 5786 or ben.taylor@colliers.com
Tim Julian on 021 488 029 or tim.julian@colliers.com
*Please note: all floor areas are approximate only.
Features:
- 11 income streams
- Approximately $400,000 + GST annual rent
- Significant rental uplift
- 1.04 ha site
More information: https://www.colliers.co.nz/p-NZL67038990