Investors looking for reliable investments with long term capital growth should consider unit 30, 38 Ashley Place in Papamoa’s Artisan park. The established tenant Port Nicholson Fisheries have just renewed for a further 5 years from March 2023. The 153m2 (approx.) unit comprises a high stud warehouse, ground floor office & amenities and a first floor lunch room. North facing, the unit enjoys good natural light from all day sun. Artisan Park is a commercial development comprising 38 industrial units housing largely trade-based, manufacturing and storage & distribution businesses.
Port Nicholson Fisheries is an iwi-owned, award-winning exporter of live and processed crayfish, sustainably caught in New Zealand waters and enjoyed around the world. They have been occupying the unit since 2018 and use it for storing live lobsters in purpose built salt water tanks before they are sent to export markets.
Contact Rich for a full information pack and to arrange a viewing.
Features:
* Floor area: 153m2 (approx.)
* Annual rental: $29,000 plus GST & outgoings
* Exclusive car parking
* Commercial zone
* New 5-year lease
* Asking price: $599,000 plus GST (if any)
