Wairau Valley Trifecta

49, Porana Road, Wairau Valley, Marlborough

$2,800,000

Proposed Usage
Industrial
Floor Area
941.00 m²
Description:
Property ID
1c3207t



Perfectly positioned in the heart of the Wairau Valley, this Industrial investment would be a welcomed addition to any existing portfolio.

The freehold title of 1,583m2 is split up into 3 separate units as follows ;

UNIT 1

  - Tenancy 1: 253m²

  - Tenancy 2: 123m²

  - Total area of 377m²

UNIT 2

 - Tenancy 3: 128m²

 - Tenancy 4: 129m²

 - Total area of 257m²

UNIT 3

 - Tenancy 5: 137m²

 - Tenancy 6: 190m²

 - Total area of 327m²

 

The shared annual rental from the cell phone tower ($3422 pa) brings the total net annual income to $150,457.

Each unit slightly different in size consists of a medium stud height warehouse with a small corner office/amenities area and handy mezzanine storage. Excellent on site car parking is available directly in front of the units.

Small industrial units of this nature have been consistently sought after over the years and with extremely low vacancy rates across the North Shore in the current market, these hard working tradesman type offerings will be solid performers now and into the future.

Already subdivided into 3 separate titles that could be sold off individually in the future.

Call the sole agents for a complete information package 

Enquire about this property

Wairau Valley Area