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Fully leased investment with excellent spread of risk from 15 mini warehouses providing you with excellent cashflow from 15 different rental income streams. Well located in the popular Wigram/Sockburn industrial area and handy to Main South Road/Blenheim Road. This complex has a good history of occupancy.
Returning an estimated annual gross rental of $252,500pa* + GST (estimated net rental of $202,844.85pa*).
Built in 2009 these modern tradesman warehouse units are 106.5m2* each with very useable dimensions of approx. 7.5m* wide x 14.25m* deep. They are all fully self-contained with their own toilet & kitchenette and a small office. The warehouses have good natural light, a 2.7m x 2.7m motorised sectional vehicle door, 3 phase power and alarm. The complex benefits from a large security fenced yard area providing plenty of onsite car parking (24).
Your investment is well underpinned by being on a large land area of 4,021m2* zoned Industrial General.
(* approx.)
Call Paula Raine on 027 221 4997 for further information and to book your viewing.
Sale: By Negotiation + GST (if any)