This freehold property presents a great opportunity for both owner occupiers and investors. The long-standing tenants are on an expiring lease so the new owner could renegotiate with the tenants or move in themselves by end of the third quarter.
The property is located in Grenada North which is one of Wellington's most sought-after industrial location. The current vacancy rate in the area is only 2.8% so this really is a rare find. The property is a generic high stud warehouse with supplementary office and mezzanine and a convenient yard space.
Property Details
Warehouse - 428sqm
Offices - 40sqm
Mezzanine - 40sqm
Land Area - 819sqm
For further information or to arrange an inspection contact Matt or Fraser.