MODERN WAREHOUSE - FONTERRA - APPROX 8.5% RETURN!

Lot 3, 180 Dukes Road, North Taieri

Industrial / Investment / Warehouse For Sale

For Sale    Tenanted Investment
Land Area: 3,033.00 m2.    Floor Area: 2,257.00 m2.    
Sale Price: $1,850,000.00.

Description

Lot 3, 180 Dukes Road houses a large industrial warehouse with a floor area of 2,257m² (approx.) with high roller doors, canopy and inbuilt office amenities, on a freehold site of 3,033m² (more or less).

The building was constructed in 2014 and is currently leased to Fonterra Limited at $157,348.60pa plus GST.

The property is located within the Silverstream Industrial Park which is located on Dukes Road, and has good vehicle entrance/exit points.

The property is for sale at an asking price of $1,850,000 plus GST (if any), showing a yield of approximately 8.5% on asking price. 

The site is offered for sale along with 4 other properties (which can be purchased together or separately). For further information about the other properties please see colliers.co.nz/64996

Features

  • Land Area of 3,033m² (more or less)
  • Rental of $157,348.60pa plus GST
  • Zoned Industrial 1
  • Located in growing industrial area of North Taieri, Dunedin

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