- For sale
$1,000,000 - $2,500,000 NZD
Colliers is pleased to present 1-5/26 Washdyke Flat Road, Washdyke, Timaru, an outstanding investment opportunity to the market for sale.
Very seldom do multi-tenanted industrial investments of this calibre come to the market. The property consists of five quality tenants, offering a new purchaser split risk and multiple income streams. The building is very well presented with tilt slab construction and very conventional, meaning it has great long term investment attributes.
The site is a large regular shaped parcel, with great access, ample car parks and yard space. Together with the good mixture of tenants, the property has strong passing income and should appeal to investors looking for a passive industrial investment.
The thriving industrial area in which it is located is currently undergoing development and is seen as a high growth location.
For sale by Auction held 10am, Thursday 4 November 2021 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Ref #: 20812730