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Industrial Asset with Dual Income

26 Glover Street, Ngauranga

Industrial Buildings
dollar

Deadline Sale

Floor area
3146m2
On this page:

Deadline sale

Thursday
4:00pm
11
Jun

Map

Property details

Listing # 67040137 | Listed on 8 May

Here is the opportunity for an owner occupier or savvy investor to acquire a partially leased industrial asset in Ngauranga Gorge.

Widely regarded as Wellington’s premier industrial precinct, Ngauranga is tightly held due to its unrivalled central location and consistently strong tenant demand.

Partially leased to two tenants, the property provides diversified income with the opportunity to occupy or lease high stud warehouse and ground floor office.

26 Glover Street is part of the established Glover Street Business Park, a well-regarded seven-unit development constructed in the late 1980s and subsequently strengthened. The property is complemented by a generous on-site parking allocation.

The new owner will have two high profile tenants providing strong cashflow. OpenStar Technologies and OCS New Zealand both have a combination of industrial warehousing and office space for their staff. That leaves ground floor showroom/office and warehouse space for an owner occupier or new tenant.

We highly recommend the asset to both owner occupiers and investors seeking secure income in a premier location.

Please contact one of our nominated brokers for further information or to arrange an inspection.

Hamish Templeton on 029 127 0018 

or hamish.templeton@colliers.com

Kieran Lennon 021 137 1472 

or kieran.lennon@colliers.com

*Boundary lines are indicative only.


Features:

  • Owner occupier opportunity
  • Industrial investment with upside
  • Strong cashflow from two tenants
  • On site car parking
  • High stud industrial space
  • Central location just minutes from Wellington CBD, Hutt Valley and Porirua


More information: https://www.colliers.co.nz/p-NZL67040137

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