Here's an excellent opportunity to secure this freehold industrial property comprising two high stud workshop facilities with yard space and off street car parking. Located within an established industrial location in Frankton featuring multiple roller door access with ground floor offices and mezzanine lunchrooms. The left hand unit is currently leased to Pitstop Properties who have occupied the premises since 2014. The right hand side is currently leased with either party being able to give 90 days notice to terminate the lease allowing the option to future occupy this space or re-lease and increase returns.
For sale by deadline private treaty closing 3.00pm Thursday the 10th of September 2026 (unless sold prior).
Features:
- Freehold land area of 1,400 square metres
- Two industrial workshops
- Multiple roller door access
- Off street parking and yard space
- Currently returning $61,500p.a
More information: https://www.colliers.co.nz/p-NZL67041787
