Passive industrial investment - new long lease
Bayleys is proud to present Unit 3, 95 Ellice Road to the market.
This is a quality industrial investment opportunity, backed by a brand new long-term lease returning $87,000 per annum. Whether you're looking to expand your portfolio or secure a low-maintenance, income-generating asset, this property is sure to impress.
Located in the heart of the highly sought-after Wairau Valley, this versatile unit offers strong fundamentals: a quality tenant, recent renovations, excellent warehouse-to-office ratios, and dual roller door access - all in a tightly held industrial precinct.
Leased to a well-established production company on a new four-year term, the property also benefits from rental upside, given the increasing demand in this core location. Ellice Road remains a location of choice, thanks to its proximity to other industrial operators, bulk retail outlets, residential catchments, and easy motorway access.
Don't miss this chance to secure a true bottom-drawer, stress-free investment.
Contact us today to register your interest and arrange a viewing.
Key features:
• Brand new 4 + 4 year lease to an established productions company, returning $87,000pa + GST and outgoings
• Total floor area: 414.5sqm
• Warehouse: 316sqm high stud
• Office/showroom and amenities: 98.5sqm split over two levels
• Two roller doors
• Recently refurbished - immaculate condition
• A+ seismic rating
• Generous car parking
• Strong Wairau Valley location with high tenant and investor demand
This is a quality industrial investment opportunity, backed by a brand new long-term lease returning $87,000 per annum. Whether you're looking to expand your portfolio or secure a low-maintenance, income-generating asset, this property is sure to impress.
Located in the heart of the highly sought-after Wairau Valley, this versatile unit offers strong fundamentals: a quality tenant, recent renovations, excellent warehouse-to-office ratios, and dual roller door access - all in a tightly held industrial precinct.
Leased to a well-established production company on a new four-year term, the property also benefits from rental upside, given the increasing demand in this core location. Ellice Road remains a location of choice, thanks to its proximity to other industrial operators, bulk retail outlets, residential catchments, and easy motorway access.
Don't miss this chance to secure a true bottom-drawer, stress-free investment.
Contact us today to register your interest and arrange a viewing.
Key features:
• Brand new 4 + 4 year lease to an established productions company, returning $87,000pa + GST and outgoings
• Total floor area: 414.5sqm
• Warehouse: 316sqm high stud
• Office/showroom and amenities: 98.5sqm split over two levels
• Two roller doors
• Recently refurbished - immaculate condition
• A+ seismic rating
• Generous car parking
• Strong Wairau Valley location with high tenant and investor demand
Key features
Floor area details
Total floor area 415sqm (approximately)
Occupancy
Brand new four-year lease returning $87,000pa + GST and outgoings
Opportunity
Refurbished industrial, bottom drawer investment
