572 Kaikorai Valley Road represents an opportunity to purchase a high profile industrial property leased to a well known national tenant in the established industrial area of Kaikorai Valley, Dunedin.
The property is located in an excellent position being situated on the high profile Kaikorai Valley Road, in an established industrial area of Dunedin. The property poses a unique opportunity to purchase a prominent industrial property with a number of quality fundamentals investors often look for but struggle to find in the local market.
Total floor area of 1,380m2, (including office, staff amenities, chiller, freezer, environmental loadout, canopy, plant room, forklift store) plus concrete apron, yard areas and truck wash.
The property is leased to Halls Refrigerated Transport Limited, on a lease with a 2 year term (from 1-May-2020) followed by two further rights of renewal of 2 years each (final expiry date of 30-Apr-2026).
The property consists of two freehold titles with a total land area of 6,329m2 (more or less).
For Sale by Deadline Private Treaty closing Tuesday 15 December 2020 at 4pm (unless sold prior).
Contact the nominated broker today for more information.