19 McNab Street, Kenmure Otago 9011
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