Two adjoining, high-specification commercial properties in a commanding position on State Highway 1 - backed by strong tenancies, excellent lease returns and build quality that gives investors genuine confidence.
83 Beach Road is a purpose-built light vehicle workshop of excellent standard. Configured with three vehicle bays plus a dedicated tyre bay, the premises include a well-appointed office, staff room and mezzanine storage. A quality tenant is well established here, operating from a building purpose-designed for their trade. Generous off-street parking and outstanding road frontage ensure maximum visibility and ease of customer access - the kind of profile that supports a tenancy for the long term.
85 Beach Road is an equally impressive two-level commercial building, currently operating as an agricultural machinery outlet. The lower level features a large, high-stud workshop with twin roller doors, purpose-designed for the movement and servicing of heavy machinery. Street level presents a substantial showroom alongside three offices, a staff room and a generous parts storage area. A third roller door connecting both levels facilitates straightforward forklift access, while a dedicated driveway entering the southern storage yard provides independent vehicle access to the lower level - practical operational features that underpin a strong and stable tenancy. Note: the rear yard portion of the main workshop is leased from a separate entity - further details available on enquiry.
Both buildings are well-constructed, present excellently, and sit on one of the South Island's most heavily trafficked arterial routes. The tenancies in place are sound and well-established, with excellent returns being achieved - making these properties a straightforward and attractive addition to any commercial portfolio.
The properties may be purchased together or separately. Pricing is plus GST if any.
For further information or to arrange a viewing, please enquire.
