Secure immediate net income from a long-established national tenant in this well-positioned industrial investment located in the heart of Riverlands Industrial Estate.
Set on 4,616sqm (more or less) of Industrial 2 zoned land, the property delivers a practical and proven holding with strong operational advantages in Marlborough's tightly held industrial market.
Improvements total 676sqm (more or less) across two functional buildings. The 72sqm (more or less) modern office includes functional administration space, a staffroom/kitchen, and bathroom facilities.
The 319sqm (more or less) three-bay processing workshop is complemented by a large 285sqm (more or less) open canopy as well as a dedicated wash bay, ideal for streamlined loading, unloading and vehicle maintenance.
Dual site entry from both Sheffield Street and Bristol Street enhances flexibility for staff, suppliers, and heavy transport movements, while the extensive yard supports industrial outdoor storage needs.
With an 80%NBS seismic rating, a national tenant in occupation since 2015, and a lease generating $174,905 plus GST and Outgoings pa, this asset offers investors secure and immediate income in a proven location.
Key features
• National tenant since 2015 producing $174,905 plus GST and Outgoings pa
• Dual-street access, extensive yard and dedicated wash bay on 4,616sqm (more or less) Industrial 2 land
• 80%NBS rating with modern 72sqm (more or less) office block and three-bay workshop with canopy
For Sale by Negotiation
For more information or to view, contact the exclusive agents Grant Thorpe or Zak Thorpe
