Positioned within one of Christchurch’s popular industrial parks, this stunning, near new investment opportunity is leased to ASX listed Avada Group, trading as Wilson Traffic Management.
The property was completed in 2022 and is situated in the popular Lakes Industrial Business Park, a stone’s throw from the airport while providing excellent access to main arterial routes. Wilsons Traffic Management was recently purchased by ASX listed Avada Group, a leading traffic management operator and ancillary service provider with an established and extensive network of companies throughout Australia and New Zealand. AVADA Group provides services to government clients and major contractors in the civil infrastructure and maintenance sector.
The building is configured with multi-level offices, clear span warehouse with multiple roller doors and a great rear yard area. The property faces north and has a great aspect to the popular Roto Kohatu Reserve.
High quality industrial investments are rare, contact us today so you can sit back and enjoy the rewards from this hands-off, bottom-draw investment.
For sale by Auction, 10am, Thursday 21 November 2024 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011
*Boundary lines are indicative only.
Features:
* 10 year lease from May 2022
* Current rental $89,588 + GST and OPEX
* Fixed annual rental growth
* Post EQ building
* Popular industrial location
* ASX Listed tenant
