Secure regional investment


14 Redwood Street/ Corner of Kinross Street, Blenheim

Tender

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Secure regional investment | 14 Redwood Street/ Corner of Kinross Street, Blenheim | 4002230 |      X Close
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Secure regional investment


Bayleys Real Estate are delighted to offer four quality commercial investment properties available for purchase collectively or individually. Each of the properties present highly desirable investment opportunities, combining high profile locations, long term leases and quality building standard.

14 Redwood Street, Blenheim - offers 12,260m² of land occupied by The Warehouse in a 7,011m² building with an additional 3,390m² two-level car park building. The Warehouse is currently on a nine-year lease running through to 2027, with three further four-year rights of renewal, generating annual rental of $1,065,330. The lease provides for three-yearly rent reviews.

• Leased to The Warehouse Limited

• $1,065,330 net annual rental with three-yearly rent reviews

• 8.25 year WALT

• Corner of Kinross and Redwood Streets

• Three street access: Kinross, Redwood and Main streets

• 12,260m² land holding

• 3,390m² two storey car park building

• Fee simple titles

• Central Business zoning

• Modern building- extension complete in 2008

For Sale by Tender (unless sold prior), closing 4pm, Tuesday 12th March 2019, at Bayleys House, 30 Gaunt Street, Auckland Central, and 288 Trafalgar Street, Nelson.

For further information please visit- www.gibbons2019.co.nz

14 Redwood Street/ Corner of Kinross Street, Blenheim

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