Colliers, as sole marketing agent, is pleased to present 20 Westland Place, Izone, Rolleston.
Leased to the well-known business of Pegasus Engineering this prime industrial building was constructed in 2012 and is very well located in the established 180ha. Izone Business Hub. The business is approximately 8 years through its initial 15 year lease term.
The building which totals approximately 5220sqm is conventional and has been designed with functionality in mind. Featuring everything an occupier wants in a facility including high stud warehousing with large power supply, well-appointed offices over two levels, multiple entrance points to the building, drive-around access and large sealed and concreted yard areas suitable for heavy equipment and storage.
The main warehouse factory area is being used for the fabrication of structural steel products and features varying stud heights with the main external wall structure. The tenant utilises it’s multiple gantry cranes for efficient moving of product however in the absence of these the building would suit a wide range of storage or manufacturing uses. A vehicle workshop area, plant room and leanto also exist.
The upstairs reception is accessed via an impressive foyer and stairway area with full-height glazing. The offices feature a generous ceiling height of approx 3.5m providing a great feeling of space and quality.
For sale by Deadline Private Treaty: 4pm, Wednesday 12 May 2021 (unless sold prior).
*Boundary lines are indicative only.
Features:
- 15 year lease from 9th December 2012
- Post-EQ constructed- 2012
- Annual rental $574,302.00 + GST + OPEX (from 1 June 2021) plus improvements rent of $57,811.00 per annum + GST
- Highly captive occupier with significant onsite investment
- New Stage 2 Southern Motorway open
More information: https://www.colliers.co.nz/p-NZL67014440
