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Wairau Valley

D/68 Hillside Road, Wairau Valley, North Shore

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273sqm Floor area

Present all offers: Five-year lease investment


Currently returning $51,000pa + GST, with CPI rent review due October 2026 and projected to increase to approximately $54,000pa + GST, this investment will be yielding close to 6% in the near term.

This represents an excellent opportunity to secure a solid, income-producing industrial investment, delivering returns well above traditional bank deposits, with built-in rental growth.

The property is leased to a well-established tenant on a five-year lease, who has operated from the area for an extended period.

The building has benefited from a new roof in recent years, along with ongoing internal upgrades completed by the vendor, ensuring the property remains in good functional condition.

• Total floor area of 273sqm approximately
• Five car parks
• Near new roof
• Long-term lease
• Prime Wairau location

The vendor is highly motivated and has instructed us to present all offers.

For Sale NZ$945,000 + GST (if any)
Jaye Miller

Jaye Miller

Industrial Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Matt Mimmack

Matt Mimmack

Director - Commercial

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008

Features

Motorway access


Prime location just off the motorway

Passing income


Returning $51,000pa + GST and outgoings

Anchor tenants


Five-year lease for secure tenure

A-grade


Excellent condition, well-presented basic industrial unit with functional layout