A superbly located industrial property, Colliers is pleased to present to the market for the first time a unique investment opportunity in the tightly held area of Corunna Bay. The high profile building encompasses a floor area of 310m², made up of approximately 230m² workshop and 80m² office/amenities. Further office space and storage for the workshop can be accessed by an internal stairwell which is classed as mezzanine. The interior of the workshop provides functional clear space, with dual high rollers doors and a stud height of 4.9 metres the property is well suited to its current use. The concrete block walls and steel portal internal framing provide sound structural support and importantly an NBS rating of 70%. Neighbouring businesses include AA Vehicle Inspection, Placemakers, GO Bus and Turners Cars – all nationally well-recognised and well-established names, adding to the automotive theme of the area.
There is value to be added, the office accommodation could be refurbished and leased separately. The current rental is below market and owner occupiers are certainly not out of the mix, so call today to discuss the options on the table.
For sale by Auction on 2 December 2021 at 11am at Porters Hotel, 4 Te Aute Road, Havelock North (will not be sold prior). The Information Memorandum is available for download via the secure documents link at www.colliers.co.nz/p-NZL67016815
Ref #: 20830093
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