Downer EDI Te Anau Depot For Sale

29 Caswell Road, Te Anau

Industrial / Investment For Sale

Auction to be held at 11am, at Colliers International Queenstown Office on Wednesday, 12 Jun 2019
Land Area: 5,964.00 m2.    

Downer EDI Te Anau Depot

Description

The property comprises a 5,964m² corner site of industrial land located within the booming tourism township of Te Anau, Fiordland. The site is occupied by purpose built and well maintained workshops, garaging, offices, and amenities with generous yard areas, ideal for this use.

Leased to a national tenant Downer NZ Limited, with a total Annual Rental of $102,870 p.a. plus GST & Outgoings. The current lease term expires 18 December 2024.

The property is well located within the Te Anau industrial area, 1km east of the Te Anau commercial centre. The busy industrial area provides a mix of trade wholesale, manufacturing and storage uses.

Te Anau is a popular tourism destination located 158km north west of Invercargill, 21km south west of Queenstown, and 118km south of Milford Sound, one of New Zealand’s premier tourist attractions. Invest in this growth and enjoy the benefits.

Features

  • Lease to a national tenant Downer NZ Limted
  • Total Annual Rental of $102,870 p.a. plus GST & Outgoings
  • Current lease term expires 18 December 2024
  • CPI Rent Reviews three yearly during the term including renewals
  • Building area of approximately 796m²
  • Land area of 5,964m² with sealed yard and parking to the front and rear
  • Established Te Anau industrial location

Map

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