Colliers is pleased to present this brand new, high quality leased investment to the market for genuine sale.
Securely occupied by Propel, a well established business, the property is leased on a brand new five (5) year lease with further renewal options. Investors will enjoy the benefit of fixed annual rental growth, providing strong and predictable income.
Completed in early 2026, the building features a modern, functional layout including a single level office/showroom, a clear span warehouse with a large roller door, and a versatile multi-access yard. Built for efficiency, the property will appeal to a broad range of industrial users.
Superbly positioned in busy Rangiora, the site sits near the new business park with excellent access to major transport routes.
For investors seeking a hands off, modern industrial asset with strong fundamentals, this opportunity deserves serious consideration.
Contact the joint sole agents today for further information or to arrange an inspection.
For sale by Deadline Private Treaty, closing 4pm, Thursday 12 March 2026 (unless sold prior).
*Boundary lines are indicative only.
Features:
* Brand new building completed 2026
* Brand new five (5) lease + rights renewals
* Starting rental = $130,000 + GST and OPEX
* Fixed annual rental growth
* 1,200 sq m freehold title
* 852 sq m industrial building (approx).
