Offlined
Industrial investments in Wairau with these features are as rare as hens teeth!
The dual access 817m² freehold site consists of a highly functional office warehouse, with ample parking and exposure to the street.
9 Parity Place is currently occupied by the well-established, long term tenant, “Machine Makers”. Returning a total of $69,853 pa net, astute investors will recognise the rental growth to come in the future.
The clear span, high stud warehouse has roller door access at either end. It is clear this outstanding industrial has been designed with practicality in mind, with a rear service lane allowing for easy truck access and container deliveries.
Located in the heart of Wairau, and minutes from Tristram Ave / SH1 Interchange, the location provides brilliant access to both North and South. Local businesses within close proximity include Pak N Save, Bunnings, Mitre 10, Dulux, Land Rover and BMW.
Small standalone industrial investments are rarity in the market – add that with a strong tenant covenant & good rental growth. This is a prime investment not to be missed!
Call the Sole Agents to make a time to view!
Jack Tuson 027 448 1148 I Matt Prentice 021 464 904
Features:
* Total Land area: 817sqm (approx.)
* Total Building area: 570sqm (approx.)
* Returning: $69,853 + GST + Opex
* High warehouse ratio
* Dual roller door access
* Under rented
* Freehold title – no body corp
* Prime location
* Low vacancy area
* Sole Agency
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.46 km | 3 | 2 | 120m2 | Year 2024 Month 10 Day 09 | $1,015,000 | Council approved | |
 | 0.44 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 01 | $1,456,000 | Council approved | |
 | 0.23 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 22 | $1,335,000 | Council approved | |
 | 0.23 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 06 | - | Council approved | |
 | 0.15 km | 3 | 1 | 0m2 | Year 2024 Month 09 Day 01 | $999,000 | Council approved |