Wairau investment with built-in growth and land
• Prime Wairau freehold: income and development Upside
• 941sqm industrial on 2,448sqm freehold site
• Fully tenanted retuning $165,000pa with built-in rental growth
• Desirable Wairau Valley location
Positioned in the heart of Wairau Valley's tightly held industrial precinct, 115 Diana Drive presents an outstanding commercial opportunity for investors, value-add buyers, and long-term land bankers alike.
This rare 2,448sqm fee simple site features a functional 941sqm standalone industrial building, delivering a versatile footprint suitable for a wide range of industrial uses. The property is currently leased to an established tenant returning $165,000 net per annum, with built-in contracted rent increases that guarantee steady income growth and yield protection for incoming owners.
The site provides options for many future users needing yard or even the ability to develop and add value. Positioned on one of Wairau Valley's most desirable streets, this industrial offering is one to add to the portfolio.
• 941sqm industrial on 2,448sqm freehold site
• Fully tenanted retuning $165,000pa with built-in rental growth
• Desirable Wairau Valley location
Positioned in the heart of Wairau Valley's tightly held industrial precinct, 115 Diana Drive presents an outstanding commercial opportunity for investors, value-add buyers, and long-term land bankers alike.
This rare 2,448sqm fee simple site features a functional 941sqm standalone industrial building, delivering a versatile footprint suitable for a wide range of industrial uses. The property is currently leased to an established tenant returning $165,000 net per annum, with built-in contracted rent increases that guarantee steady income growth and yield protection for incoming owners.
The site provides options for many future users needing yard or even the ability to develop and add value. Positioned on one of Wairau Valley's most desirable streets, this industrial offering is one to add to the portfolio.
Key features
Floor area details
941sqm (approximately) total floor area
Land area breakdown
2,448sqm (more or less) freehold land
Occupancy
Fully tenanted returning $165,000pa + outgoings plus GST
Occupancy
Ample parking and yard space
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