Secure income, scale and flexibility in Drury

Bayleys is pleased to offer Building A and B, 75 Waikura Road, Drury, an exceptional opportunity to acquire two substantial freehold industrial assets within one of New Zealand's fastest-growing logistics and industrial precincts.

The offering combines a long-term leased investment at Building A with the flexibility and future potential of the adjoining vacant facility at Building B. Supported by strong underlying land fundamentals, modern improvements and immediate income from the Slumberzone tenancy, the property provides purchasers with a unique blend of cashflow security and value-add upside.

Opportunities to acquire neighbouring, newly completed freehold industrial assets of this scale are exceptionally rare, particularly within the tightly held Drury market.

Key features:

• Two brand-new freehold industrial facilities offered together
• Secure income from Slumberzone New Zealand Limited tenancy
• Returning net income of $1,378,475pa + GST from Building A
• 12-month rental underwrite on Building B
• Significant scale within Drury's growth corridor
• Investment, occupier and add-value flexibility

For further information, contact the sole agents

Paul Steele
021 494 111
paul.steele@bayleys.co.nz

Greg Hall
021 023 21884
greg.hall@bayleys.co.nz