Owner Occupier or Investment Opportunity!

    By Negotiation
    343 Kaikorai Valley Rd, Kaikorai Valley

    Features

    • Multi-tenanted site
    • Well-configured large industrial vacancy
    • Upside potential
    • Freehold

    Description

    Well-located in Kaikorai Valley Rd with full vehicle access from both directions, this large site has three tenancies over two titles. The middle tenancy will be vacant on possession.
    The site is earning approx. $102,105 pa + GST nett from the two occupied tenancies currently. If the vacant tenancy was reroofed and given minor cosmetic changes, there is a potential income stream from the whole site of up to $247,500 pa + GST nett.

    More about the vacancy- it could suit a large engineering workshop or truck repair type operation nicely. It has good features in abundance:
    - approx 1,466m2 mostly high stud workshop
    - multiple truck-height doors allowing drive-thru
    - a certified 5-ton gantry crane covering 590m2
    - trucks can drive right around the building
    - good reception, offices and amenities
    - customer and staff parking
    - a substantial rear yard
    - a vehicle washdown area

    **UPDATE**
    This site is for sale by negotiation, and the vacant space is also for lease. Was previously for sale by deadline but the lockdown has disrupted that process.

    Sites like this are rarely available- contact us today to obtain a property IM or to find out more!

    Property Data

    • 16294m² (1.6294 ha)
    • 2580m²

    Property Documents

    Map

    Contact the Agent






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