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Wigram, 2/50 Dakota Crescent

Invest with income

Contact agent for more information

Sold
Sold
Listing Number: HHC4151
About this listing

SOLD - This listing was sold in December 2019.

This industrial property is in a popular location.
Offered for sale as a fully tenanted investment.
Two tenants will provide flexibility of risk and return.
Main tenant - warehouse - is an international operator.
Office tenant - is a national company.

Total floor area 462sqm
Warehouse 342 sqm
Office 113sqm

EQ repairs complete. NBS 67%

Existing owner will become the warehouse tenant with a new 4 x 3 x 3 x 3 year lease.
Office tenant has one year remaining with another RoR for two years.
Annual net rent roll to be $48,732pa.
Great popular location off Hayton Road with good sunny aspect and easy access.
Supported by 8 carparks out front.

Location is well supported by fuel, food and shopping facilities (The Landing) within close proximity.

Property available For Sale by Negotiation.

Call sole agents Mike Drummond and Cindy-Lee Sinclair to discuss.
Property Information
  • Approx Floor Area: 452 sqm
  • Property Type: Office
  • Approx Floor Area
    • Office Square Metres: 110
    • Warehouse Square Metres: 342
  • Commercial information
    • Zone: Industrial
  • Tenure: Unit Title
  • Legal details
    • Body corp fee $: 6914.33
  • Tenancy 1: Area Sqm: 975, Commencement Date: 01 October 2017, Expiry Date: 30 September 2022, Rental net/gross p.a.: 15000, Rights of Renewal: One of two years, Tenant Name: BAS Securities Limited, Term (years): 2

Contact Details

Harcourts Holmwood Commercial

Holmwood Real Estate Ltd

Licensed REAA 2008

142 Sherborne Street
St Albans
Christchurch
Office website

Property Location

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