A-Grade Industrial Investment - Long Term Lease
There are very few true ‘Prime A-Grade’ industrial properties to come available in the New Zealand market however here is one such asset.
Occupied by Calder Stewart, Toll Logistics and Allied Pickfords, this campus-style, modern industrial investment is sure to attract strong demand so early buyer engagement is encouraged.
Features
• 3.9481 ha Land Area
• New 6 year head-lease to Calder Stewart entity
• 3 modern and highly conventional industrial buildings
• Subleases to household names such as Calder Stewart, Toll and Allied Pickfords
• 32% Site Coverage
• 3 Modern Buildings
• 12 m Stud Height Warehousing
• Heavy construction with gantry cranes and high floor loadings, yet flexible for logistics with 12m stud heights and drive-through breezeway
• Strong rental growth – 3% annual increases
For Sale by Deadline Private Treaty: 4:00PM, Wednesday 13th July 2022 (unless sold prior)
Contact the Sole Agents today for more information.
*Boundary lines are indicative only.
Fundamentals such as modern, conventional buildings with stud heights and floor loadings which cater to the widest possible industrial occupier market, low office to warehouse ratios, large yard areas, low site coverage with the ability to further develop, strong occupier covenants, market protected rent review structures and of course, the most sought after of locations are all attributes that knowledgeable investors seek but rarely find.
With three modern buildings, household name occupiers, a new six year head-lease and future potential to develop further this prime investment is for sale by Deadline Private Treaty: 4pm, Wednesday 13 July 2022 (unless sold prior).
For Sale by Deadline Private Treaty: 4:00PM, Wednesday 13th July 2022 (unless sold prior)