Colliers International are proud to exclusively market for sale, 243 Archers Rd, Wairau .
Sitting in an ultra-high profile position, between Bunnings & Pak N Save, this standout trophy investment will appeal to the astute investor who understands the phrase “location, location, location!”
The 387 sqm standalone premises has been occupied by longstanding tenant, LJ Smits, for well over a decade. Returning $115,274 pa net, the current lease term runs through till June 2025, with a further 4 year renewal.
Established in 1979, LJ Smits is currently New Zealand's leading Automotive Refinish Distributor. LJ Smits stock a huge selection of refinish products from sandpaper to paint, airbrushes to car polish, touch-up spray cans to custom paint finishes. LJ Smits stock hundreds of quality products suitable for the professional Car Painter, Panelbeater and the dedicated DIY customer.
The investment benefits from a zoning corridor overlay, within the light industry zone, giving plenty of flexibility for business use including retail.
Bite sized & road front freehold parcels on main arterials in Wairau are a rare find – and even more so when they are positioned between two of NZ’s biggest retailers!
Don’t delay, call the sole agents for further detail or a site inspection.
Matt Prentice 021 464 904 | Jack Tuson 021 448 1148 | Shoneet Chand 021 400 76565
Ref #: 20593278
- Contact our experts for details on this transaction.