Colliers is proud to exclusively present for sale 234D Archers Road, Wairau with an asking price of $1,800,000 + GST (if any).
Part of a high profile 4 unit development on the corner of Archers & Poland Road, the building is the long term home to an international bakery company listed on the Swiss stock exchange.
Returning $110k pa net, the global tenant has recently renewed for a further 5 year term plus rights of renewal, with market reviews every 2 years (hard ratchet).
Rarely found and often sought after, the 509.1 sqm premises comprises of a high warehouse ratio (489.3 sqm high stud warehouse / 19.8 sqm amenities), along with 6 designated carparks.
Our long term vendor has been clear – this is to be sold. Present all offers!
Phone the sole agents today to view or discuss further:
Matt Prentice 021 464 904 and Shoneet Chand 021 400 765
Features:
* Returning $110k pa net
* New 5 year lease term
* Longstanding international tenant
* Total Building area 509 sqm (approx)
* 6 onsite carparks
* 96.1% warehouse component!
* High profile position
* Zoned light industry
* Sole agency