Holding Income Plus Upside

7/340, Flaxton Road, Southbrook, Waimakariri

Price On Application

Proposed Usage
Industrial
Floor Area
253.00 m²
Description:
Property ID
1c278nd

Deadline Sale Closing 4pm, 11 April 2019 (unless sold prior)

One of the most appealing units in this well located complex this building is wider than the adjoining properties providing particularly efficient warehouse space. With minimal office area the ratio of warehouse to office space will be seen as a significant leasing advantage providing highly functional and cost effective industrial space. Expansion of office space is an option in the future however (subject to compliance requirements at that time) and the building has been designed with an additional office floor in mind including load bearing floor and glazing to the north facing facade.

A lease is in place to Wedderspoon Honey for the warehouse only providing an interim return of $15,000 + GST and opex. Offices areas can be leased separately together with onsite car parking to make up the shortfall with some alteration including an entrance lobby.

This 100% NBS building is available either on its own or together with some or all of the other buildings in this well located 10-unit complex.

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Southbrook Area