New
Colliers are proud to present this high quality, leased investment to the market for sale.
The property is leased to a well known company- New Zealand Brush Company Limited, who have 6 years remaining on their current lease term with further rights of renewal.
The property has undergone significant refurbishments in recent years and presents very well. The building consists of ground floor showroom, offices and amenities, with further office accommodation upstairs. The property also features a modern, large warehouse with easy roller door access.
The site has ample car parking and a large secure yard area. The property sits on a prime 2,681 square metre freehold parcel of land.
The location is sought after, being very close to the CBD and well connected to main road networks.
Call the sole agents to request an inspection or further information.
For Sale by Deadline Private Treaty: 4pm Thursday, 27 March 2025 (unless sold prior).
*Boundary lines are indicative only
Features:
* Land area: 2,861 sq m
* Building area: 1,294.62 sq m
* Leased investment
* Passing rental from 1 April 2025: $175,048 plus GST + OPEX
* Large freehold site
* Good lease term