New
An outstanding opportunity presents itself with the offering of 40 & 42 Beach Road, Richmond - two strategically located light industrial properties in a tightly held market.
Available for sale individually or as a combined purchase, these properties offer flexibility for investors, owner-occupiers, and businesses looking to secure a foothold in Richmond's established industrial precinct.
40 Beach Road is a fully tenanted investment property leased to Fletcher Steel Limited on a secure three-year lease, providing a reliable income stream and includes the following:
• 1,000 sqm light industrial zoned land
• $57,225.00 annual rental + GST + OPEX
• 3-year lease from 1 November 2024 to 31 October 2027
• 356 sqm rentable floor area
• 2.5-tonne gantry crane
• Seismic strengthened to achieve a minimum 70 % of NBS
42 Beach Road is offered with vacant possession, making it ideal for an owner-occupier or an investor seeking to secure a new tenant and includes the following:
• 1,000 sqm light industrial zoned land
• Vacant possession
• 322 sqm rentable floor area
The option to acquire both properties allows buyers to maximize rental returns or secure future expansion opportunities.
With their prime positioning, quality construction, and excellent transport links to Nelson and beyond, these properties represent a rare opportunity in a high-demand industrial market.
Contact Paul today to request a copy of the Information Memorandum or to arrange your viewing.
Deadline sale closing 4 pm, Thursday 20 March 2025 (unless sold prior)