Colliers is pleased to present 15 Radius Loop, Rolleston, to the market for sale.
Built in 2010, this multi-purpose, multi-tenanted commercial building continues to provide one of very few food service offerings in IZONE, one of the largest industrial parks in New Zealand. It’s your opportunity to secure this well built, 100% NBS investment property which is currently leased to two tenants. Its anchor tenant recently signed a five year term, providing over 80% of the rental income.
The building is divided into two separately alarmed tenancies. Tenancy one is tenanted by a cafe’ which operates in 214sqm of indoor floor area with an outdoor area of 73sqm. The second tenancy is currently used as office space which is 54.8sqm. The building comes with 15 car parks collectively used by both tenants.
This is a great chance to take advantage of this multi-use, multi-tenanted investment property with sitting tenants that are well suited to the building. The location and ongoing accelerated industrial development will continue to support the anchor tenant of this property, giving you peace of mind with your new investment.
For sale by Deadline Private Treaty closing 4 pm, Thursday 7 October 2021 (unless sold prior).
Ref #: 20792663