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Wairau Valley

4B/89 Ellice Road, Wairau Valley, North Shore

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125sqm Floor area
2 Offstreet

Modern entry level industrial investment


4B/89 Ellice Road presents a rare opportunity to purchase a modern industrial investment in the tightly held 89 Ellice Road complex. Well presented, this unit is a stress-free passive investment.

Perfect for first time commercial investors looking to get a better return than leaving money in the bank - this investment ticks the boxes. A well-established company, a new lease, built-in rent increases and market rent review upon renewal. Maintenance is organised by the proactive body corporate.

Located in the desirable Wairau Valley industrial precinct, this complex has had consistently low vacancy since being built in 2008 by the renowned KEA Property Group.

Key features:
• 125sqm (approximately) of total floor area
• Returning $34,000pa + GST and outgoings with guaranteed rental growth
• New lease from April 2025
• Immaculate unit, low-maintenance tilt slab construction
• Two dedicated car parks
• Security alarm

For sale by way of Auction (unless sold prior) being held at 11am, Wednesday 24th September 2025
Bayleys House, 30 Gaunt Street, Auckland Central, New Zealand

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

24
Sep

Time11am
Calander
Calendar
Scott Sylvester

Scott Sylvester

Industrial Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Adam Watton

Adam Watton

Commercial, Industrial and Investment Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008

Features

Lease term


Two-year lease term with a right of renewal of two years

Location


Convenient Wairau Valley location

Rent review


Market rent review upon renewal and annual 3% increases

A-grade


Modern industrial unit

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