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Castlecliff

9 Rakau Road, Castlecliff, Whanganui

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4,097sqm Floor area
8,214sqm Land area SQM

For Sale by Negotiation

Add-value industrial investment


This investment opportunity is presented to market for the first time since its construction and comes as a tenanted investment, additional land and almost immediate add-value benefits for the purchaser. Located in the Mill Road industrial park alongside other quality buildings, businesses and tenants this 8,214sqm (more or less) site has a 4,096sqm warehouse with an office, amenities, yard and canopy as well as an additional 3,690sqm of industrial zoned land to the rear which comes with the purchase, subject to issue of title. This ensures that the the site is future-proofed for expansion for the existing tenant or for any future prospective tenants, alternatively a building could be constructed to secure another tenant and add additional income to your investment. A modern, high-spec open plan warehouse and a Nation wide tenant with a signed deed of variation will be a sought after investment on the open market. For a full information pack contact the Bayleys commercial team.

Russell Duggan

Russell Duggan


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Jordan Davis

Jordan Davis


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Additional land


Future proofing your investment is a must. This property is being offered with an additional 3,690sqm (more or less) of industrial land at the rear subject to issue of title

First time to market


This property was built and completed for the existing tenant in 2013 and hasn't been to market since. This 4,000sqm warehouse plus office, amenities, a canopy and yard is premium real estate.

Fully tenanted


The site has been tenanted since it's construction in 2013 and the tenant has committed to a further term plus further rights of renewal. This gives almost immediate rental growth opportunities.

Industrial Park


This warehouse is located in the up and coming Mill Road industrial park alongside quality buildings and tenants including Parkwood Doors, Wight Aluminium and Castlecliff Health

Multi-purpose build


The building has a 4,000sqm warehouse plus yard and amenities. The warehouse is a large open plan format with a 7.5 meter stud height making it ideal for any future tenants.

New subdivision


Stage 2 of the subdivision at the rear has offers on all but one section. In the next 24 months new buildings and businesses could make this industrial park the a hive of industrial activity.