Colliers is proud to present 7 Colway Place, Wairau Valley for sale for the first time in over 30 years. The 612 sqm (approx.) standalone building comprises three separate warehouse units, each contained within its own unit title. The property will be offered for sale as a single parcel, providing purchasers with the opportunity to acquire all three-unit titles and ownership of the entire 1,101 sqm (approx.) site. This represents an excellent opportunity to secure a multi-tenanted investment with control of the whole property.
Currently returning $143,630.34 pa + GST from 3 established tenants, the property has been meticulously maintained and presents to a high standard. Recent upgrades include the building being repainted, new roller doors, and a roof replacement in 2020. The property boasts 15 on site car parks.
The property locates itself within the well-established Wairau Valley, with easy access to the Northern motorway via Tristram Avenue.
Don’t miss the opportunity to level up your investment portfolio with this superb opportunity.
Call Matt Prentice 021 464 904, Paddy MacKenzie 021 965 740, or Jack Tuson 027 448 1148 today for further information or to arrange a viewing.
Features:
- Returning $143,630.34 pa + GST
- Fully leased to 3 established tenants
- Elevated site (did not flood)
- Recently re-painted (May 2026)
- New roof installed in 2020
- New roller doors installed in 2023
- Fifteen on-site car parks
- 3 separate warehouse units on their own unit titles
- 1,101 sqm (approx.) Site area
- 612 sqm (approx.) Net lettable area
- Prime location within tightly held, low vacancy industrial precinct
More information: https://www.colliers.co.nz/p-NZL67041250
