Positioned at the gateway to New Plymouth’s thriving Waiwhakaiho Valley commercial hub, 10-16 Constance Street presents an outstanding opportunity to acquire a well-established, income-producing industrial investment.
Strategically located adjacent to the Valley Mega Centre, near the new Bunnings development, State Highway 3 and the primary arterial route linking the CBD with the northern suburbs, the property enjoys exceptional accessibility and exposure within one of the region’s most sought-after commercial precincts.
The property comprises a substantial 4,041 sqm site improved with approximately 1,750 sqm of versatile industrial accommodation, including a well-balanced mix of office space, storage facilities and high-stud warehousing.
The warehouse features approximately 7-metre stud height, clear-span construction and gantry crane capability, providing functionality that appeals to a broad range of occupiers.
Leased to six established tenants and generating a net annual rental income of $204,357 plus GST, the asset offers investors the benefits of diversified income streams and reduced tenancy risk.
With a rating valuation of $2,530,000 and strong underlying landholding in a proven commercial location, this is a compelling opportunity to secure a quality industrial investment with future growth potential.
A tightly held industrial investment in a strategic growth location, offering stable income and long-term upside.
Property is for Sale by Expressions of Interest
For more information or to arrange an inspection contact:
Benet Carroll
+64 210 289 4537
benet.carroll@collierswgtn.co.nz
Please note: all floor areas are approximated only.
Features:
- Site Area: 4,041 sqm (approx.)
- NLA: 1,750 sqm (approx.)
- Net annual rental of $204,357 plus GST
- Six quality tenants providing diversified income
- High-stud warehouse with gantry crane and clear-span functionality
- Prime Waiwhakaiho Valley location adjacent to major retail and commercial developments
- Excellent connectivity to State Highway 3 and New Plymouth CBD
More information: https://www.colliers.co.nz/p-NZL67041345
