19 McNab Street, Kenmure Otago 9011

This property is currently not available.

Hard to find Industrial investment opportunity. Substantial industrial building (674m2 approx.) on 1411m2 freehold site. The property is located in a highly sought-after location. Leased for a 4-year term; rent review due in 2022. The current tenant has been in the building for 8 years, and is a secure, substantial tenant. Current rental is $67,000 p.a. plus GST with the Tenant paying 100% of the outgoings.
This is a outstanding opportunity to secure a well presented, well leased building, with some potential of a rent increase in 2022.
5 ton overhead gantry crane included in the sale.

For a full Information Memorandum contact the Exclusive Agents

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