Wairau Valley
D/68 Hillside Road, Wairau Valley, North Shore
+15
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.
Jaye Miller
Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Matt Mimmack
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
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