Extraordinary Industrial Investment
A rare opportunity to secure an extraordinary investment property located in one of Wellingtons most desirable industrial locations. This superbly maintained building is over two titles with one tenant occupying 100% of the premises.
14-20 Meachen Street enjoys two street frontages with additional access from a rear service lane.
This fantastic property is occupied by a well-established tenant, IML Plastics, a state-of-the-art manufacturer with a substantial investment in production equipment.
• Net Rental: $229,104.61 + GST
• Lease Term: 6 years from 2018 with Rights of Renewal
• Tenant: IML Plastics - long established tenant
• Seismic Rating: 70% - 100% of NBS
To obtain copies of the supplementary documents please request access here: http://www.propertyfiles.co.nz/property/meachen
14-20 Meachen Street enjoys two street frontages with additional access from a rear service lane.
This fantastic property is occupied by a well-established tenant, IML Plastics, a state-of-the-art manufacturer with a substantial investment in production equipment.
• Net Rental: $229,104.61 + GST
• Lease Term: 6 years from 2018 with Rights of Renewal
• Tenant: IML Plastics - long established tenant
• Seismic Rating: 70% - 100% of NBS
To obtain copies of the supplementary documents please request access here: http://www.propertyfiles.co.nz/property/meachen