Positioned in one of Rangiora’s well-established commercial precincts, 10B Newnham Street presents a superb opportunity for investors, owner-occupiers, or those planning for future flexibility. This one-owner, tilt slab building, constructed in 2007, offers a substantial 432m² floor area on an 848m² site, combining quality construction with a highly functional layout in a sought-after business location. With engineering work already completed to achieve 67% NBS, buyers can move forward with confidence.
Currently configured as two separate tenancies, the property has been thoughtfully set up to suit a range of commercial uses, while also offering the exciting potential to be further divided into up to six units. One tenancy features two auto roller doors, extensive office space, and full staff amenities, making it ideal for trade, warehousing, or service-based operations. The second is currently tenanted and includes its own office, mezzanine floor, and toilet, and three auto roller doors creating excellent versatility for smaller business use or additional rental streams. Quality features such as double glazing, 3-phase power, LED lighting, tilt slab construction, and a durable longrun roof further enhance the appeal.
Adding immediate value is the existing tenancy income, delivering a ready-made return from day one. Set within a strong commercial area of Rangiora, this is a rare chance to secure a modern industrial/commercial asset with income, flexibility, and future upside. Whether you are looking to expand your portfolio, establish your business base, or unlock the multi-unit potential, this is an opportunity well worth your attention.
