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Road front Wairau Valley

A/42 Porana Road, Wairau Valley

Industrial Buildings
dollar

Negotiation

Floor area
604m2
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Property details

Listing # PP3201971 | Listed on 13 April 2022

Its very rare that properties come up for sale on Porana Road, one of the more popular and busy roads of Wairau Valley.
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This property is currently half tenanted which provides options for both an investor or owner-occupier.
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The front half of the unit (211sqm) is currently tenanted on a three year lease with rights of renewal to 2024. The current tenant is paying $26,250pa plus GST and outgoings with a rental review coming up.
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The back half of the unit (393sqm warehouse) was previously occupied by the owner of the building who is now closing up shop so this space is now vacant. The current owner will be refreshing this space soon.
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Features:
- One roller door
- 15 carparks
- Future development potential
- Split tenancy
- Owner-occupiers can take advantage of the extra income available

Call Jaye or David to arrange a viewing appointment.

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