For Sale by Deadline Private Treaty closing 4pm Tuesday 23rd April 2024 (unless sold prior).
Colliers are proud to exclusively present to the market for the first time in 30 years, 1 Colway Place in the Wairau Valley.
This standalone freehold property is available as both vacant possession, or with the existing tenant who have shown a strong desire to stay on terms to be negotiated, making this offering attractive to both owner occupiers and investors alike.
Currently returning a net holding income of $155,457.70 pa from an international packaging tenant, who's lease expires on 30 April 2024. Current market conditions would suggest there is room for immediate rental growth or short term income for an occupier not yet ready to move in.
This 1,000 sqm industrial building sits on a prime corner site in the popular Wairau Valley. The property has an excellent warehouse to office ratio, good onsite parking and is close to main arterial routes. The warehouse has great truck and courier access, and has two roller doors to allow good internal product flow.
The offices are well presented and include both open plan and executive office and meeting room spaces filled with natural light. The warehouse area is mainly high stud clear span, with a small proportion of low stud packing area.
Be quick to receive an information pack and arrange a viewing with the Sole Agents.
Jimmy O'Brien (021 979 001) or Matt Prentice (021 464 904)
Features:
* Standalone Freehold industrial
* Corner site profile
* 736 sqm warehouse area
* 140 sqm first floor office
* 124 sqm ground floor lunch room & amenities
* High power supply
* Suits both occupiers and investors
* First time on the market in 30 years
* Call Sole Agents today