Commercial

Affordable Industrial Investment

2 Cargill Place, Richmond

Industrial Buildings
dollar

Offers Over $1,270,000 Plus GST (if any)

Floor area
727m²
Land area
1300m²
Title type
Freehold

Map

Property description

Listing # 4006339|Listed on 6 August
  • Fully tenanted freehold with two tenancies delivering $90,000pa net (approx.)
  • A third month-to-month tenancy $15,600.00pa (approx.)
  • 727sqm (approx.) building on a 1,300sqm (approx.) site, zoned Industrial Zone A
  • Tightly held central Richmond location with immediate income and long-term upside

2 Cargill Place offers 727sqm (approx.) of building on a 1,300sqm (approx.) freehold site, zoned Industrial Zone A under the Tasman Resource Management Plan — providing genuine flexibility for a wide range of industrial, storage, warehousing and trade-based uses.

Currently leased across two tenancies returning approximately $90,000 per annum net plus a third month-to-month tenancy, the property delivers secure holding income from day one. It suits a passive investor after a hands-off return, a syndicator, or a buyer wanting to secure a foothold in the precinct now and occupy space themselves down the track as leases roll over — offsetting outgoings with income in the meantime.

Positioned in a well-established industrial hub with excellent access to Richmond's roading network and surrounding amenities. Central, versatile, and freehold — the fundamentals here are hard to beat.

Contact Gill Ireland or Seb Hickman for more information and to arrange a viewing.

Your notesYour notes
Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson

Seb Hickman

Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson
61 active listings
Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson

Gill Ireland

Licensee Salesperson | Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson
67 active listings

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