Post EQ tenanted investment - Long term lease
126, Meadows Road, Washdyke, Timaru
Price On Application
- Proposed Usage
- Floor Area
- 3320.00 m²
- Land Area
- 8992.00 m²
- Property ID
Enquire about this property
Colliers is pleased to present this well tenanted, post earthquake modern industrial investment! This 2013 built large industrial property is located in the heart of Timaru's industrial precinct and is for genuine sale. This is a unique opportunity for the astute investor to acquire a prime property holding underpinned by a brand new 8-year lease to well-regarded Mainland Minerals. Mainland Minerals have been in business 25 + years.
This asset provides a great long term investment for those looking to re-invest funds or cement their portfolio position. With potential future development due to the current low site coverage + the ability to add value, this opportunity needs to be considered by all commercial investors.
The property is for sale by way of Deadline Private Treaty closing 4pm, Thursday 18 July 2019 (unless sold prior).
Call the sole agents for further information and to discuss this opportunity further.