7-9 Rothwell Street, Redruth, Timaru

Fully Tenanted Fixed Price offering

We present this fully tenanted industrial asset for sale at a fixed price of:
• Versatile industrial investment
• $700,000 + GST (if any)
• Three tenants
• Two properties sold as one
• Total land area 1,618sqm
• Industrial L zone

7 and 9 Rothwell Street, Timaru presents a fully leased industrial investment opportunity, offering an affordable and well-diversified income stream supported by three separate tenants.

With all tenancies, the property delivers a strong total net rental income, reflecting a yield of more than 9% at the asking price. The multi-tenanted structure provides investors with a resilient and relatively low-risk income profile, underpinned by diversified occupancy.

Positioned just off SH1, within an Industrial Light zone in the southern part of Timaru, the property offers future flexibility while benefiting from solid underlying land value and functional improvements across two well-utilised buildings. This represents a compelling entry-level industrial investment opportunity, delivering reliable cashflow in a tightly held industrial market.

To view the Property Files for this listing go to https://www.propertyfiles.co.nz/property/5529076

We welcome all enquiries. Please contact Scott Bentley at Bayleys Canterbury (Sole Agent) for further information or to arrange a viewing.