Secure income with space to occupy
26 Cochrane Street presents a rare opportunity to secure a substantial industrial property combining secure investment income with exceptional flexibility. Set on a 5,749sqm (more or less) freehold site and improved by approximately 1,996sqm of buildings, the property offers multiple income streams while retaining a significant portion of the improvements for immediate occupation or lease.
The property's iconic grain silos will be leased back to Corson Grain on a new 5+5-year lease, providing reliable long-term income from one of New Zealand's most established grain merchants. A separate portion of the site is also leased to an established arborist business, creating a diversified income profile from day one.
Complementing these tenancies is a substantial workshop, office and secure yard area available with vacant possession, providing opportunities for owner-occupiers to establish their own business while benefiting from existing rental income. Alternatively, the available accommodation could be leased to further enhance returns.
Boundary lines are indicative only
The property's iconic grain silos will be leased back to Corson Grain on a new 5+5-year lease, providing reliable long-term income from one of New Zealand's most established grain merchants. A separate portion of the site is also leased to an established arborist business, creating a diversified income profile from day one.
Complementing these tenancies is a substantial workshop, office and secure yard area available with vacant possession, providing opportunities for owner-occupiers to establish their own business while benefiting from existing rental income. Alternatively, the available accommodation could be leased to further enhance returns.
Boundary lines are indicative only
Key features
Lease term
Corson Grain 5+5 year leaseback over iconic silos
Land area breakdown
Freehold industrial site 5,749sqm (more or less)
Floor area details
Approximately 1,996sqm of vacant workshop, office and secure yard with immediate owner-occupier flexibility
Passing income
Additional income stream from established arborist tenant
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