Hornby
51 Halwyn Drive, Hornby, Christchurch
Private Treaty
(unless sold prior)
Strategic industrial investment
- Significant 5,095sqm floor area situated on a a generous freehold site
- New six year lease returning $580,000 per annum net
- Strategically located in a tightly-held, sought-after location
- 68% NBS
Rarely available, 51 Halwyn Drive presents an outstanding opportunity to secure a large scale investment in an established industrial location. This standalone and impressive industrial facility has been occupied by the same operation for over 20 years and provides the captive tenant with clean and bright warehousing, high power supply, multiple roller door entrances plus excellent vehicle circulation.
Opal Packaging, who are part of the global behemoth of Japanese Nippon Paper Group, have committed to a new six-year term, providing an astute investor with a strong income and excellent rental growth.
Contact the joint sole agent for further information.
Nick O'Styke
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Opportunity
Rare opportunity for an astute investor
Location
Established industrial location
Standalone
Industrial facility
Zoning
Industrial Heavy
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