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Mayfield

9 Nelson Street, Mayfield, Marlborough

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871sqm Floor area
1,189sqm Land area SQM

For Sale by Negotiation

Fit to sell - lease renewed to 2026


This excellent industrial building has a wide street frontage with high traffic profile. There are two levels facing Nelson Street: downstairs reception, office, changing rooms and kitchenette, upstairs office, and mezzanine landing. The main portion of the building behind opens out into a high stud, clear span warehouse.

Currently leased to a national tenant, City Fitness, the main warehouse space is well fit-out for this purpose with carpet tiles, well-finished walls and ceiling, and good lighting. The reception area is welcoming, the office spaces well finished and changing rooms well equipped.

The current tenant's lease has recently been renewed providing a rental income of $102,372 + GST and outgoings to 1 April 2026, with a rent review due 1 January 2024.

There is additional access to the building via the rear driveway from Auckland Street which also provides four car parks.

Contact the sole agents today for more information, Grant Thorpe and Zak Thorpe.

Glenn Dick

Glenn Dick


Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Buy and hold


Great holding income until redevelopment potential realised

Fantastic location


On main arterial route, Nelson Street, with wide street frontage

Versatile building


Suit many uses with offices/amenities to the front and large clear span warehouse to the rear