Cromwell Industrial Portfolio - 5 Strategic Assets with Security & Income

27-31 McNulty Road, Cromwell

Industrial / Investment / Land/Development Site / Warehouse For Sale

Tender closing Friday 7 Jul 2017 at 3.00pm (unless sold by private treaty)

Description

This is an opportunity to purchase a prime industrial investment on McNulty Road, Cromwell.

The subject property consists of 5 freehold sites containing 3 fully leased industrial buildings, a fuel stop and a vacant site of 2,838m² fronting McNulty Road in Cromwell's industrial hub. The site is offered For Sale by Tender as one parcel or alternatively as individual titled lots.

Four of the sites are currently leased (with the remainder a vacant lot) to complementary tenants Expol Limited, PBT Transport Limited and Chevron New Zealand (Caltex). The tenancies currently have a combined annual rental of $389,224 p.a. plus GST and outgoings. Individual leases and associated documentation is available in the secure dataroom [click SECURE DOCUMENT].

Please call Mark or Rory to discuss this opportunity or to arrange an inspection.

For Sale by Tender Closing 3pm 7 July 2017 (unless sold by private treaty)

Tenders to be received at the Colliers International Queenstown offices, Top Floor 10 Athol St, Queenstown.

Features

  • Total Land Area 19,510m² (more or less)
  • Combined Annual Rental $389,224 p.a plus GST
  • Popular Industrial Location
  • Multiple Tenants Spreading the Risk
  • Established Income Stream
  • Vacant Site of 2,838m² (more or less)
  • 5 Lots Available as One Parcel or Separately

Map

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