33-37 Waters Avenue, Burleigh, Marlborough

Mixed-use investment property with quality tenant

Uncover a world of possibilities with this exceptional investment opportunity that brings together the best of both worlds - a secure income stream from a long-term lease with an established business, plus a residential dwelling for personal use or an additional rental income. This property is a standout choice for savvy investors and those looking for a dynamic living/passive income option.

The light industrial part of the property is set on 7,453sqm (more or less) lot and has a total 717sqm (more or less) of buildings comprising an office block, staff lunchroom, storeroom, enclosed workshop and a five-bay storage building. The remaining yard area ensures plentiful parking and ease of vehicular movements. Leased to an established business, it provides a steady and secure revenue.

The freehold title also includes a residential property which is well concealed from the industrial operations and has its own separate accessway. A 124sqm (more or less) three-bedroom home, separate garage with workshop on established 1,338sqm (more or less) grounds present a perfect permanent residence or a rental option to further increase a return on investment.

Offering easy access to Blenheim's township, its amenities and main arterial roads, this property offers excellent connectivity to major transportation routes, shopping centres and recreational amenities for both commercial and residential purposes.

Key Features:
•Mixed-use property offering versatility
•Well-maintained light industrial facilities
•Long-term commercial lease (six (6) years plus two (2) rights of renewal of six (6) years each)
•Residential dwelling for rental income or personal use
•Large rural living zone section for potential redevelopment in the future

Contact us today to schedule a viewing and explore the possibilities that this property has to offer.
*Commercial lease details and residential rental appraisal are available on request