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Wigram investment – New 6 year lease!

15 Michelle Road, Wigram

Industrial Buildings
dollar

Negotiation

Floor area
604m2
Land area
1701m2
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Property details

Listing # 67015220 | Listed on 13 April 2022

Colliers is pleased to present 15 Michelle Road, Wigram, Christchurch to the market for sale.

This investment opportunity houses the company trading as Black Origin Wagyu, an established export grade premium meat supplier. Located in Wigram, this 604 sqm industrial property lies on a freehold title comprising 1,701sqm. The tenant has recently committed to a new six-year lease with two further rights of renewal.

Properties of this standard don’t last long, act now to secure - contact the sole agents today for further information and a viewing.

For sale - price by negotiation.

Tenant | https://blackorigin.co.nz/

For more information download the property files below:

https://www.propertyfiles.co.nz/property/597350001

*Boundary lines are indicative only.

Features:

  • New six year lease to established business trading as Black Origin Wagyu
  • Returning $90,000pa plus GST and outgoings
  • Hundreds of thousands recently spent on refit to latest food standards
  • Highly sought after Wigram location industrial location
  • Regular shaped site
  • Freehold land holding
  • 75% NBS
  • Food grade processing premise
  • Onsite car parking/yard
  • Desirable tenant

More information: https://www.colliers.co.nz/p-NZL67015220

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