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Richmond

2 Cargill Place, Richmond, Tasman

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1,300sqm Land area SQM
727sqm Floor area
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Prime Fully-Tenanted Industrial Freehold


• Fully tenanted freehold with three tenancies delivering $95,000pa net (approx.)
• Substantial 727sqm (approx.) building on a 1,300sqm (approx.) site, zoned Industrial Zone A
• Tightly held central Richmond location with immediate income and long-term upside

Opportunities like this rarely surface in central Richmond's most tightly held industrial precinct. 2 Cargill Place offers a substantial 727sqm (approx.) building on a 1,300sqm (approx.) freehold site, zoned Industrial Zone A under the Tasman Resource Management Plan — providing genuine flexibility for a wide range of industrial, storage, warehousing and trade-based uses.

Currently leased across two tenancies returning approximately $90,000 per annum net plus a third month-to-month tenancy, the property delivers secure holding income from day one. It suits a passive investor after a hands-off return, a syndicator, or a buyer wanting to secure a foothold in the precinct now and occupy space themselves down the track as leases roll over — offsetting outgoings with income in the meantime.

Positioned in a well-established industrial hub with excellent access to Richmond's roading network and surrounding amenities. Central, versatile, and freehold — the fundamentals here are hard to beat.

Contact Gill Ireland or Seb Hickman for more information and to arrange a viewing.

Asking Price NZ$1,270,000 + GST (if any)
Seb Hickman

Seb Hickman

Residential, Commercial and Industrial Sales and Leasing

Be Property Group Ltd, Bayleys,
Licensed under the REA Act 2008
Gill Ireland

Gill Ireland

Commercial, Tourism and Development Sales and Leasing

Be Property Group Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Zoning


Zone Industrial Zone A under the Tasman Resource Management Plan, providing genuine flexibility for a wide range of industrial, storage, warehousing, and trade-based uses.

Location


Positioned in central Richmond's most tightly held industrial precinct, with excellent access to local roading network and surrounding amenities.

Passing income


Currently returning approximately $90,000 across two tenancies, plus a third tenancy on a month-to-month basis - delivering secure holding income from settlement.

Land area breakdown


A substantial 727sqm (approx.) floor area on a 1,300sqm (approx.) freehold site - a generous land-to-building ration for an industrial holding this central.

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