Colliers are proud to exclusively present for sale 19-25 Keeling Road, Henderson - A large scale standalone industrial investment occupied by a longstanding multinational tenant on a long term lease!
Secure and bankable, packaging specialist "Pact Group" has occupied this light industry zoned site for over 40 years and counting.
Returning $726,332 pa net, Pact Group is currently at the front end of a 10 year lease term, with built in annual CPI growth along with market reviews throughout.
Sitting on a 9,018 sqm freehold title, the functional asset ticks all the boxes, including:
- Road front position
- High warehouse ratio (86%)
- Rear yard / container drop area
- Ample parking
- Building splits into 2 for future flexibility
- Multiple roller doors
- Sprinklered throughout
- Easy truck access
Astute investors will take note of the current contract rental rates.
Our long term vendor advises "seriously for sale - present all offers"!
Call the sole agents today to register your interest:
Matt Prentice 021 464 904, Shoneet Chand 021 400 765, Jack Tuson 027 448 1148
Features:
* Returning $726,332 pa net
* 9,018 sqm freehold title
* 5,117 sqm standalone asset
* Part way through a 10 year lease term (plus ROR’s)
* Annual CPI growth + market reviews throughout
* Longstanding multinational tenant covenant
* High warehouse ratio (86%)
* Rear yard + ample parking
* Road front position
* Low vacancy area
