Industrial investments in Wairau with these features are as rare as hens teeth! The dual access 897sqm freehold site consists of a highly functional office warehouse, with ample parking and exposure to the street. 7 Goldfield has been occupied by the well-established tenant, "Next Level Construct", since 2018. Returning a total of $135,000 pa net, astute investors will recognise the rental growth to come in the near future.
The clear span, high stud warehouse has roller door access at either end. It is clear this outstanding industrial has been designed with practicality in mind, with a rear service lane allowing for easy truck access and container deliveries. Located in the heart of Wairau, and minutes from Tristram Ave / SH1 Interchange, the location provides brilliant access to both North and South. Local businesses within close proximity include Pak N Save, Bunnings, Mitre 10, Dulux, Land Rover and BMW.
Small standalone industrial investments are rarity in the market - add that with a strong tenant covenant and good rental growth. This is a prime investment not to be missed!
• Warehouse: 457.8m²
• Office: 186.7m²
• Mezzanine Storage: 77.6m²
• Car Parks: 10
• Total floor area 722 sqm
Current Rental: $135,000 + GST + OPEX
Current term: 3 years from 1st Aug 2024
Final expiry: 31st July 2030
Next rent review due: 1st Aug 2027
Outgoings : 100% recoverable
For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.
