Wairau Valley Trifecta
49, Porana Road, Wairau Valley, Marlborough
- Proposed Usage
- Floor Area
- 941.00 m²
- Property ID
Enquire about this property
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 327m²The shared annual rental from the cell phone tower ($3422 pa) brings the total net annual income to $152,002.
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.