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Vacant Industrial Facility with Income Stream

38 Grey Street, Waitara

Industrial Buildings
dollar

Negotiation

Floor area
520m2
Land area
3271m2
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Property details

Listing # 67040849 | Listed on 6 August

A rare opportunity to purchase a high quality workshop with excellent access, dual frontages and vehicle crossings with a functional laydown area and two supplementary income streams.

The 3,271 sqm site is improved by a circa 520 sqm industrial facility developed in the 2000’s with modern showroom, offices, high stud warehouse and four roller doors. 

There is potential for a lease-back or partial lease-back to Vision Living by negotiation. A well maintained and recently refurbished three bedroom stand-alone dwelling is positioned at the front of the site, providing a self-contained, separate income stream or place of residence for the purchaser.

Tranzit Coachlines have a lease over approx. 800 sqm of yard for a bus depot, creating a great cashflow to support an industrial owner occupier.

Situated in the tightly held periphery of the Waitara CBD, with access from Whitaker and Grey Streets.

For sale by Negotiation

For more information or to arrange an inspection contact:

Benet Carroll
021 028 94537

benet.carroll@collierswgtn.co.nz


Please note: all floor areas are approximated only.
 


Features:

  • Quality Workshop + Yard + Residential
  • Site Area: 3,271 sqm (approx.)
  • Vacant Possession of Workshop or partial lease-back
  • Dual access – wide frontage
  • Stand-alone, immaculate residential dwelling
  • Separate yard leased to Tranzit Coachlines Taranaki Limited


More information: https://www.colliers.co.nz/p-NZL67040849

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