2,159sqm
floor area
4,004sqm
land area
Floor area details | 2,158.5sqm (approximately) total floor area |
Land area breakdown | 4,004sqm (more or less) total land area |
Occupancy | Entrenched A-grade national tenant - BNT Automotive |
Zoning | Business - Light Industry |
• Entrenched A-grade national tenant - BNT Automotive
• Returning $392,110.95pa + GST and OPEX
• Functional high stud warehouse and modern office
• Lease renewal in 2029 with final expiry in 2039
Located minutes from Lambie Drive motorway off-ramp, this road frontage standalone investment is not one to be missed if you are looking for a well presented industrial property with a long-term lease to a blue-chip tenant.
The modern property totals 2,158sqm of building area excluding the canopy and balcony, and comprises high stud warehousing, and office to the front of the property.
Occupied by Brake & Transmission NZ Limited (trading as BNT Automotive) since 2019, this well-known occupier has five years left on an initial ten year term with rights of renewals until 2039. Fixed annual increases allow purchasers confidence in rental growth throughout the term.
This is a great opportunity for investors looking to capitalise on a tightly held industrial precinct and secure a passive bottom drawer investment.
Contact the agents below for more information:
Greg Hall
021 023 21884
greg.hall@bayleys.co.nz
Karl Price
021 552 503
karl.price@bayleys.co.nz
Licensed under the REA Act 2008
Mobile: +64 21 552 503 |
Office: +64 9 273 6666 |
karl.price@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 023 21884 |
Office: +64 9 375 6839 |
greg.hall@bayleys.co.nz |
2,159sqm
floor area
4,004sqm
land area
Floor area details | 2,158.5sqm (approximately) total floor area |
Land area breakdown | 4,004sqm (more or less) total land area |
Occupancy | Entrenched A-grade national tenant - BNT Automotive |
Zoning | Business - Light Industry |
5 Druces Road, Wiri
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 552 503 |
Office: +64 9 273 6666 |
karl.price@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 023 21884 |
Office: +64 9 375 6839 |
greg.hall@bayleys.co.nz |
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