Bite size industrial investment

A/65 Hillside Road, Wairau Valley

Asking Price NZD $850,000 + GST (if any)

Download Email
Bite size industrial investment | A/65 Hillside Road, Wairau Valley | 1503313 |      X Close

Bite size industrial investment

Bayleys are pleased to offer this refurbished road front industrial investment for sale in the heart of the Wairau Valley.

With a new three year lease in place, the building sits on an elevated site on Hillside Road, with easy access to the motorway interchanges via Tristram Avenue.

The unit's roof has recently been replaced, and the current occupier has refurbished the upstairs offices to a high standard.

Taking pride of place in this unit development, the property benefits from road front exposure and excellent car parking spaces associated with unit A.

Commercial investment properties of this size and nature are very sought after. The Wairau Valley has experienced single digit vacancy rates through various economic cycles, which is why the location is appealing to all types of investors.

Features include:

• Fully tenanted industrial investment

• A grade seismic rating

• Total annual rental $45,000pa + GST and outgoings

• New three year lease from April 2020

• Road front unit with ample on-site parking spaces

• Total floor area of 232sqm approximately

Please call anyone of the sole agents for a detailed information pack.