Colliers International is proud to offer Unit B, 79 Ellice Road, Wairau valley to the market for sale - A prized industrial investment opportunity in the tightly held Wairau Valley.
The 915.7 sqm office / warehouse premises has excellent road front exposure to Ellice Road, in one of North Shore’s most sought after industrial locations.
Currently occupied by a well-established tenant, “Slide Shop”, the total net return is $149,160 pa + GST + Opex. Slide Shop is currently mid-way through a 5 year lease term with rights of renewal.
Astute investors will notice the opportunity to take advantage of the market rent review due in December 2022.
Well positioned in a tightly held seven unit development. The building is functional in nature with efficient dual roller door access, high stud warehouse, along with 15 onsite car parks.
This perfectly positioned industrial premises is a clean bottom draw investment.
Call the Sole Agents now to request further information, or to make a time to view.
Jack Tuson 027 448 1148 or Matt Prentice 021 464 904
Ref #: 20880270
- Contact our experts for details on this transaction.