• 1,233sqm (more or less) freehold site with frontage
• Functional industrial building comprising primarily warehouse
• Three (3) year lease to an established local business
• Currently returning $63,000.00 net p.a. + GST
Positioned in an excellent location in the Cromwell commercial precinct, this is an opportunity for savvy investors to purchase a tidy industrial investment with strong fundamentals. The building predominantly comprises a clear-span warehouse accessed via three (3) roller doors with ample stud height. Currently utilised for manufacturing, the building provides excellent flexibility to suit a variety of industrial uses. Additional benefits/improvements include three-phase power supply and excellent truck access via multiple entry/exit points. The property is leased on a three (3) year term, returning $63,000 net p.a.; investors will benefit from the favourable lease structure and forecasted rental upside.
The Cromwell commercial precinct continues to go from strength to strength; its strategic location has positioned Cromwell as a key commercial hub that services the wider Central Otago region. This rapid growth continues to fuel tenant demand, which all investors should consider.
To be sold via Auction (unless sold prior), at 11am, Friday the 4th December 2026, at the Sudima Hotel, 20 Grant Road, Frankton, Queenstown.
Contact the Sole Agents for further information.
William Gubb
+64 21 145 6811
[email protected]
Henry Napier
+62 21 024 64 785
[email protected]
