A rare opportunity to secure a consolidated industrial holding in the core of Cromwell's industrial precinct. 14, 16 & 18 Pinot Noir Drive comprises 5,130m² of freehold land across three separate titles, improved with 2,691m² of modern industrial buildings and fully leased to two established occupiers.
The investment carries a weighted average lease term of approximately 7.7 years. Wine Storage Solutions (2013) Ltd occupies four tenancies on 10-year leases running to 2033 and 2035, supported by bank guarantees, with Wholesale Seeds occupying the balance tenancy to 2028. All tenancies benefit from structured annual rent review mechanisms.
The property has been progressively developed under four building consents, with the most recent 778m² extension completed in 2025. Code Compliance Certificate issued and build warranties in place. A purchaser inherits near-new improvements with minimal near-term capital expenditure.
Held across three separate records of title, the property offers genuine flexibility whilst benefitting from direct frontage to Pinot Noir Drive with connectivity to McNulty Road and State Highway 6.
Investment Highlights:
- 5,130sqm freehold landholding across three titles
- 2,691sqm of modern industrial improvements
- Strong 7.7-year WALT providing secure income
- Established tenants with diversified income streams
- High-profile industrial position with excellent accessibility
- Strategic Central Otago location servicing the wider Southern Lakes region
- Rare large-scale industrial investment opportunity in a tightly held market
This property is offered For Sale by Deadline Private Treaty closing 4pm, 23 October 2026 (unless sold prior).
For further information, access to the data room, or to arrange an inspection, please contact the exclusive agents Tim Thomas or Rory O'Donnell.
