Top Tier Investment Opportunity

11 Moncur Place, Middleton

Asking Price NZD $8,550,000 + GST (if any)

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Top Tier Investment Opportunity | 11 Moncur Place, Middleton | 554878 |      X Close

Top Tier Investment Opportunity

- International tenant - Schneider Electric (NZ) Limited

- 4,075sqm warehouse/workshop and storage space

- 1,442.50sqm offices and amenities

- 95 car parks

- Current rental $667,571 pa net

11 Moncur Place consists of 9,529sqm business zoned land in the premium industrial area of Middleton, approximately 3.6km south-west of the City Centre and close to the main arterial routes of Blenheim Road and the Southern Motorway. The property comprises a substantial industrial building containing predominantly warehouse and workroom areas with large areas of office space. Since 2005 it has been tenanted by Schneider Electric (NZ), one of the world's leading electrical component manufacturers.

Schneider Electric has, throughout its tenancy, made significant upgrades and improvements to the building, to create an iconic hub for its Canterbury operations. In addition, repairs and strengthening work on the building were completed in 2016 to bring it to 100% NBS.

The property offers a unique opportunity to invest in one of the larger and fully tenanted sites available in this area. Astute investors should call today.

11 Moncur Place, Middleton

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