Bayleys are pleased to represent on behalf of their Vendors this industrial investment worthy of your attention.
Proudly sitting on a fee simple site of 904sqm, 193 Archers Road is a highly functional property that takes pride of place on one of the most elevated sites in the Valley.
Fully tenanted on a new 4-year lease from August 2024, the property is returning a modest $118,000pa + GST and outgoings from an established collision, paint and repair business.
The property itself presents as a high stud tilt slab warehouse which is clear span accessed via a single motorized roller door. The offices and amenities are split either side of the roller door with excellent vantage points viewing the warehouse and car parking area outside.
Real estate of this calibre in this tightly held location rarely come to the market. Enquire through the sole agents to receive further information or to arrange a site inspection.
Key features:
• Total floor area of 629.65sqm (approximately) plus 18.07sqm of canopy area
• Fully tenanted industrial investment in Wairau Valley
• Returning a modest $118,000pa + GST and outgoings
• 4 year lease from August 2024
• Standalone offering on 904sqm (more or less) of land
• Total floor area of 630sqm (approximately)
• Stud height of 7.8 metres in the warehouse
• Elevated site with exposure and signage opportunities
• Established tenancy in place
For sale by way of Deadline Private Treaty (unless sold prior), closing 4pm, Monday the 16 December 2024.