Wairau Valley industrial - Renewed six year lease

21A, Porana Road, Wairua Valley, North Shore City

Price On Application

Proposed Usage
Industrial
Floor Area
1848.00 m²
Description:
Property ID
1c031ly

- A highly desirable road frontage industrial investment on Porana Road
- Fully sprinklered warehousing with three (3) roller doors
- Renewed lease term of six (6) years
- Attractive office fit-out

This prize investment located in the tightly held Wairau Valley will appeal to the astute investor looking for a functional industrial asset. The property offers frontage to the busy Porana Road, with two (2) levels of office accommodation refurbished to a modern standard. The warehousing at the rear provides versatile space with full height roller door access.

The Tenant has recently renewed their lease for a further six (6) years with a bank guarantee and is currently returning $255,000pa net + GST.

Positioned in a high demand, low vacancy area the property provides fundamentally good real estate with a long term lease. Ideal for passive investors, family trusts and first time investors.

Enquire about this property

Wairua Valley Area