For Sale- Rental $98,400, annual increase 2.5%

17 Sutherland Lane, Frankton

Asking Price NZD $2,100,000 + GST (if any)

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For Sale- Rental $98,400, annual increase 2.5% | 17 Sutherland Lane, Frankton | 4503049 |      X Close

For Sale- Rental $98,400, annual increase 2.5%

Investor/ Owner operator

Rental $98,400, annual increase 2.5%

Owner operator rental negotiable

One year old good quality building

Excellent visual frontage

This is your chance to secure an attractive investment property or become an owner operator in the busy sought after Frankton industrial hub, with a near new industrial building in Sutherland Lane.

This is an attractive investment with a rental of $98,400 and annual increases of 2.5%.

Although the rental is fixed an owner operator could negotiate the rental with the tenant who no longer occupies the building as they have decided to concentrate their business in other areas of New Zealand and worldwide.

The building has excellent visual frontage from the road and features a versatile warehouse of steel and concrete slab construction, a large concrete yard with nine carparks. The property has good customer access and three roller doors providing vehicular entrance to the high stud spacious warehouse and adjoining office and staff facilities.

Sutherland Lane is located directly off Glenda Drive, the main route through the Frankton Industrial area, with businesses comprising of manufacturing, trade, retail, workshops, distribution, automotive and other light industrial uses. It is a strategic location and business hub and also provides easy access to Queenstown Airport, Queenstown CBD and the main routes North and South.

The owners are keen to sell as they are now pursuing other interests. For further information or an onsite inspection call me today.

17 Sutherland Lane, Frankton

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