Colliers International is proud to exclusively present 20 Hillside Road, Wairau, to the market for Sale by Deadline Private Treaty, closing Wednesday 2 December 2020 (unless sold prior)
A truly unique opportunity exists to purchase one of the only freehold tenanted yards in Wairau.
The regular shaped 1,619 sqm fee simple site is occupied by longstanding National tenant, Thermosash, and is currently returning $72,864 pa net.
A new 3 year lease to a proven operator, plus a 1 year renewal exists, allowing investors, occupiers & developers to all take interest.
Sitting flat, the add value site allows for future development, in a sought after low vacancy area.
Located in the heart of Wairau, & sitting just 200 meters from the Tristram Ave / SH1 Interchange, the location provides brilliant access to both North & South. Local businesses within a stones throw of the site include, Pak N Save, Bunnings, Mitre 10, JA Russell, Tristram European & Hirequip.
This is a must see affordable investment, in a proven location. Call the sole agents for further detail.
Jimmy O’Brien 021 979 001 Matt Prentice 021 464 904
Features:
- 1,619 sqm freehold site
- Returning $72,864 pa net
- New 3 year term
- Established National tenant
- Add-value / Future development
- Premium location
- Easy motorway access (meters from Tristram Interchange)
- Investors & occupiers must inspect
More information: https://www.colliers.co.nz/p-NZL67012805
