- Tenanted industrial investment unit in heart of Wairau Valley
- Warehouse/workshop unit comprising approx 165sqm consisting of:
- warehouse 105sqm (4 - 4.5m stud)
- office/amenities 24sqm
- mezzanine storage 33sqm
- 2 car parks
- Functional layout with excellent natural light & 3 phase power
- Lease term 2+2 years from 1 Jan 2012
- Net rental of approx $21,056 (+gst)
- Price $269,000 (+gst) showing approx 7.82% return
For more information and an appointment to view please contact Sole Agent Andrew Bruce.
Viewing by appointment - call Andrew to arrange.
Tenant has indicated it is unlikely to renew the lease in Jan 2014 as will need more space.
Tenant pays $24,700pa (+gst) gross less opex = $21,056 (+gst)