Colliers as sole agent is pleased to present 24 Logistics Drive for genuine sale.
Very rarely do owner occupier opportunities come available in this highly sought Airport precinct, particularly fronting the State Highway 1. The improvements are generic in design with quality offices, bright warehousing, large canopy and a huge sealed and secure yard area for display and storage purpose. The vastly underdeveloped site provides ample future expansion opportunities.
The regular shaped title offers close to 70m of frontage to State Highway 1 providing unbeatable profile and signage opportunities. Access is gained from Logistics Drive which runs from the popular arterial of McLeans Island Road, past Sawyers Arms Road to Greywacke Road which in turn links to State Highway 1.
All of the underlying freehold titles, including this property, on Logistics Drive are owned by the Canterbury Regional Council. The Leasehold interest and improvements are for sale and feature a perpetual lease to the Canterbury Regional Council; the rent review provisions on this title are particularly favourable with reviews occurring at intervals of 5 years and any renewal or extension thereof.
The property will be coming vacant October 2024 and will have holding income of $283,916 + GST until the current tenant vacates. Owner occupier opportunities in this location do not come available very often, please contact the sole agents today for further information or to arrange an onsite inspection.
For sale by Deadline Private Treaty closing 4pm, Thursday 27 June 2024 (unless sold prior).
*Boundary lines are indicative only.
Features:
* 7,559sq m land holding
* 1,134sq m building area
* 5,000sq m sealed yard space
* Owner occupier opportunity
* Vacant possession October 2024
* Holding income available
