D and E/195 Wairau Road, Wairau Valley, North Shore

Industrial units - 96% warehouse, 100% potential

Bayleys are proud to exclusively present these hard-working, well-located industrial units in Wairau Valley, with the opportunity to purchase one or both units. Each unit has a floor area of 693.1sqm (1,386.2sqm total), with over 96% of this space dedicated to warehouse use. The units offer excellent access, each featuring two roller doors.

The units are currently leased to two well-established tenants with significant rental upside:
• Unit E: Simon Lucas Motors ($81,900pa)
• Unit D: VSR (New Zealand) Limited ($117,000pa)

Total annual rental income of $198,900.

Unit D has a lease in place until 15th April 2028; however, it could potentially be occupied by an owner-occupier from June 2025 if desired. Otherwise, the current lease remains in effect. Please contact the agents for further details regarding the lease arrangements and additional clarification on this opportunity.

The units are strategically located on Wairau Road, just minutes from Northern and Southern motorway access, surrounded by a host of well-known businesses, including Rebel Sport, PlaceMakers, Kennards Storage, Hirepool, most major car dealerships, Harvey Norman, Noel Leeming, and Pak'nSave, to name a few.

Key features:
• Buy one or both units
• Significant rental upside in the short term
• Eight car parks per unit, 16 total
• 1,386.2sqm total area (693.1sqm per unit)
• Potential to occupy one of the units
• Two roller doors per unit!
• Solid investments whilst also opportunities for owner-occupiers

For sale by Deadline Private Treaty, closing 4pm Thursday, 3rd April 2025 (unless sold prior).