Colliers, as sole agents, are pleased to present 260/B Port Hills Road an excellent opportunity to secure a well-located industrial investment with strong holding income and motivated vendors.
Positioned in a highly sought-after and high-profile location, this 472 sqm industrial warehouse is fully tenanted on a new five-year lease, providing investors with immediate income security and long-term upside. The property has annual 2.5% rental increases, providing guaranteed growth. The tenant is a well-established Canterbury business, further underpinning the strength of this investment.
The property offers high quality warehouse space, offices and a showroom complemented by 8 car parks. Recent upgrades, including repainting of the warehouse, showroom and office areas, along with the installation of LED lighting, enhancing the overall presentation and functionality of the property.
It’s prominent positioning ensures strong exposure, making it an attractive asset within a tightly held industrial precinct.
For sale - fixed price
The vendors’ instructions are clear – the property must be sold as they have committed to the purchase of another property, presenting a genuine opportunity for buyers.
*Boundary lines are indicative only.
Features:
- New 5-year lease
- Well-established Canterbury tenant
- Total floor area: 472 sq m
- 8 onsite car parks
- High-profile, sought-after location
- Motivated vendors – must be sold
More information: https://www.colliers.co.nz/p-NZL67039587
