SOLD
18/44-48 Ellice Road

Wairau Valley, North Shore City

Auction 16 Jun 2022

Listing: NSC38378


Tenanted Industrial Investment - Wairau Valley

Secure this exciting tenanted investment in Wairau Valley, leased as the head office, food manufacturing facility and warehouse to WUCHA. The tenant operates a successful bubble tea business with 11 stores in Auckland and 4 stores throughout New Zealand. A new 5-year lease from February 2022 plus further 3 x 5 year rights of renewal with a mixture of market and CPI rent reviews. This is the only unit in this popular complex to have consent for food manufacturing. It is available for sale for the first time in nearly 20 years! The property has a total floor area of 416.5 m² (approx.) with 2 commercial kitchens, warehousing, mezzanine storage and office space and 7 allocated car parking spaces. Investment Features: - Returning $65,000 + GST + outgoings - National business with 15 stores throughout NZ - Food grade premises - New 4 x 5 Years Lease as of February 2022 - Premises recently refurbished - Extensive Landlord chattel list included in sale This is an opportunity you don't want to miss. Contact the listing agents today for further information about this opportunity. Download further Due Diligence details here: https://www.harcourtsfiles.co.nz/listings/W7E3

Property Details

Tenanted Investment

Tenure

Unit Title

Property Type

Warehouse, Industrial

Office Square Metres

125

Warehouse Square Metres

177

Mezzanine Square Metres

114

More Details URL

https://www.harcourtsfiles.co.nz/listings/W7E3

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416(approx) Floor Area

Contact The Experts
Isaac Tankard

Commercial Sales & Leasing Consultant

P

(09) 486 9263
Hussein Kubba

Residential Sales & Marketing Consultant

Get In Touch
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