Bayleys is proud to present Unit 4, 95 Ellice Road to the market.
This is a quality industrial investment opportunity, backed by a brand new long-term lease returning $98,000 per annum. Whether you're looking to expand your portfolio or secure a low-maintenance, income-generating asset, this property is sure to impress.
Located in the heart of the highly sought-after Wairau Valley, this versatile unit offers strong fundamentals: a quality tenant, recent renovations, excellent warehouse-to-office ratios, and dual roller door access - all in a tightly held industrial precinct.
Leased to well-established medical supplier company on a new four-year term, the property also benefits from rental upside, given the increasing demand in this core location. Ellice Road remains a location of choice, thanks to its proximity to other industrial operators, bulk retail outlets, residential catchments, and easy motorway access.
Don't miss this chance to secure a true bottom-drawer, stress-free investment.
Contact us today to register your interest and arrange a viewing.
Key features:
• Brand new 4 + 4 year lease, returning $98,000pa + GST and outgoings.
• Total floor area: 463.5sqm
• Warehouse: 326sqm high stud
• Office/showroom and amenities: 137sqm split over two levels
• Two motorised roller doors
• Fully alarmed
• Recently refurbished - immaculate condition
• A+ seismic rating
• Strong Wairau Valley location with high tenant and investor demand
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.