Unit 8D, 89 Ellice Road - A modern and bite sized industrial investment in the tightly held Wairau market.
The immaculately presented 155sqm industrial unit sits in a well maintained development in the heart of the Wairau Valley, built by highly reputable North Shore developers KEA Property Group.
Currently returning $37,500pa net on a brand new three year lease, this makes for a great bottom drawer investment.
Investors will appreciate the built in rental growth with a fixed rental increase to $42,500pa net in year three of the lease.
Unit 8D enjoys a favourable end position within the development, offering a quiet and secure spot.
The high stud warehouse is accessed via an electric roller door with alternative entry through the pedestrian door to the right.
The airconditioned office is split over two levels, including an open plan area, with boardroom to the rear. 2 designated carparks are included on the title.
Phone the Sole agents today to make your offer...
Matt Prentice 021 464 904 and Jack Tuson 027 448 1148
Features:
* Returning $37,500 pa net
* Brand new 3 year lease
* 155 sqm modern industrial unit
* 2 designated carparks
* Immaculately presented
* Sought after location
* Excellent ratio of warehouse : office
* Electric roller door
* Easy access to Tristram Ave motorway interchange