Colliers is proud to exclusively offer for sale, a freehold industrial investment, occupied by a longstanding global tenant at 8-10 Poland Road, Wairau.
Returning $447k pa net, the 2,583 sqm standalone premises is the home to an international bakery company listed on the Swiss stock exchange.
Entrenched in the site, the current tenant has committed to a new 5 year lease term + further rights of renewal, with regular market reviews throughout, along with a hard ratchet.
Located directly opposite both Bunnings and Mitre 10, the investment is underpinned by its regular shaped 6,953 sqm freehold site, with the ability to further develop.
Large industrial land holdings in the low vacancy Wairau precinct are a rare find.
Our long term vendor has been clear – this is to be sold. Present all offers!
Phone the sole agents today to view or receive an information pack.
Matt Prentice 021 464 904 Shoneet Chand 021 400 765
Features:
* Returning $447k pa net
* 6,953 sqm Freehold title
* New 5 year lease term
* Longstanding international tenant
* Total Building area 2,583 sqm (approx)
* 30 onsite carparks
* Rear additional land
* Zoned light industry
* Sole Agency