Get in early on this affordable industrial investment in the heart of Frankton, just a couple of minutes to the CBD and a few metres from Greenwood Street. Three (3) established tenants returning $59,341pa net. New clean and tidy leases to all tenants which feature regular rental increases/reviews. Excellent seismic rating and a freehold fee simple (no body corp) title complete this affordable little gem that will keep working away for you.
For sale via Deadline Private Treaty Closing Thursday 11th June 2026 at 3pm (unless sold prior).
Features:
- Returning $59,341 pa net
- Freehold fee simple title
- Recently repainted and refurbished
- New leases to established tenants
More information: https://www.colliers.co.nz/p-NZL67040291