Secure an established commercial investment on Blenheim's State Highway 1, combining national tenant income, excellent exposure and a substantial freehold corner site.
Positioned at 38–40 Main Street, this substantial 1,806sqm (more or less) Industrial 1 zoned site benefits from prominent road frontage, dual vehicle access from Main Street and Opawa Street, and generous on-site parking.
Leased to national retailer Guthrie Bowron, the property generates $105,000 plus GST and outgoings annually, providing investors with an established income stream in a well-recognised commercial location. The tenancy was renewed for a further five-year term in September 2024, with an additional five-year right of renewal in September 2029.
The 638sqm (more or less) building features a spacious open-plan showroom, reception and offices, warehouse storage, kitchenette, staffroom and bathroom facilities. Two roller doors provide convenient access for deliveries, while 22 onsite car parks, including two accessible spaces, support the property's retail and trade operations.
Constructed in 2012, the building provides a modern, functional commercial premises, well suited to its existing retail and trade operations.
Key features
• Established national tenant generating $105,000 plus GST and outgoings annually
• Prominent 1,806sqm (more or less) freehold SH1 corner site with dual access and 22 onsite car parks
• Modern 638sqm (more or less) commercial building constructed in 2012, providing showroom, office and warehouse space
For Sale by Negotiation
For more information or to view contact the exclusive agents Zak Thorpe or Grant Thorpe
