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73 Glenda Drive represents a rare opportunity to secure a fully leased industrial asset within Queenstown’s tightly held market.
Returning a rental of approx. $255,500 net pa + GST, the property is occupied by four high-quality, well-established tenant and all leases have built in growth. The property comprises of 1,130sqm of floor area on a 1,708sqm industrial site.
The property is prominently located, with excellent frontage and access to Glenda Drive which is the main route through Frankton’s Industrial area and just minutes away from Queenstown’s airport. Parts of the site also offer potential for future development.
Queenstown’s industrial market benefits from near zero vacancy and minimal land supply which continues to support strong rental growth.
Quality industrial properties of this size are rarely available in Queenstown and highly sought after so don’t hesitate.
Contact the sole agents for further information.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.09 km | 4 | 202m2 | 2024年04月04日 | $1,615,000 | Council approved | |||
1.61 km | 5 | 153m2 | 2024年03月19日 | $1,075,000 | Council approved | |||
0.76 km | 5 | 150m2 | 2024年02月20日 | $1,100,000 | Council approved | |||
0.88 km | 5 | 150m2 | 2024年01月25日 | $1,135,000 | Council approved | |||
0.86 km | 4 | 147m2 | 2023年11月10日 | $1,100,500 | Council approved |