Elsdon
11 Raiha Street, Elsdon, Porirua
+13
Invest or occupy - Freehold industrial
This substantial industrial property is centrally positioned within the established Elsdon industrial zone. Offered to the market for the first time in over 40 years, this is a rare offering in the Porirua market.
A solid 1970s steel-framed industrial building configured into three self contained industrial tenancies. Flexibility is on offer for a range of industrial and trade-based occupiers, who can take the lot or occupy part and lease the rest.
The site benefits from excellent connectivity and strong surrounding industrial activity. The area's proven fundamentals underpin both leasing resilience and longterm value growth.
With periodic income currently in place, 11 Raiha Street presents clear upside for investors, while also offering opportunity for owner-occupiers to secure an industrial holding with strong bones.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/11raihastreet
• Versatile industrial in proven strategic location
• Three high stud, self contained workshops with yard
• Tenanted on periodic leases with options to occupy
• Potential net income of approx. $204,794pa + GST
Simon Butler
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Strategic industrial location
Floor area details
3,164sqm land area, 1,360sqm floor area
Occupancy
Three self contained industrial tenancies
High stud
Three high stud, self contained workshops with yard
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