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Colliers, New Plymouth Commercial Realty Limited, (Licensed: REAA 2008)

10-16 Constance Street, Waiwhakaiho

Price by negotiation

Listing Description

Listed: Thu, 30 Jul

Significant Waiwhakaiho Investment

10-16 Constance Street, Waiwhakaiho, New Plymouth, Taranaki

Details

  •   1750m² Floor
  •   4041m² Land
AttributeValue
Property use
Industrial
Agency reference
NZL67041345

Description

Positioned at the gateway to New Plymouth’s thriving Waiwhakaiho Valley commercial hub, 10-16 Constance Street presents an outstanding opportunity to acquire a well-established, income-producing industrial investment.    Strategically located adjacent to the Valley Mega Centre, near the new Bunnings development, State Highway 3 and the primary arterial route linking the CBD with the northern suburbs, the property enjoys exceptional accessibility and exposure within one of the region’s most sought-after commercial precincts.   The property comprises a substantial 4,041 sqm site improved with approximately 1,750 sqm of versatile industrial accommodation, including a well-balanced mix of office space, storage facilities and high-stud warehousing.    The warehouse features approximately 7-metre stud height, clear-span construction and gantry crane capability, providing functionality that appeals to a broad range of occupiers.   Leased to six established tenants and generating a net annual rental income of $204,357 plus GST, the asset offers investors the benefits of diversified income streams and reduced tenancy risk.    With a rating valuation of $2,530,000 and strong underlying landholding in a proven commercial location, this is a compelling opportunity to secure a quality industrial investment with future growth potential.   A tightly held industrial investment in a strategic growth location, offering stable income and long-term upside.   Property is for Sale by Expressions of Interest   For more information or to arrange an inspection contact: Benet Carroll

+64 210 289 4537 benet.carroll@collierswgtn.co.nz

Please note: all floor areas are approximated only.

 

Features:

  • Site Area: 4,041 sqm (approx.)
  • NLA: 1,750 sqm (approx.)
  • Net annual rental of $204,357 plus GST
  • Six quality tenants providing diversified income
  • High-stud warehouse with gantry crane and clear-span functionality
  • Prime Waiwhakaiho Valley location adjacent to major retail and commercial developments
  • Excellent connectivity to State Highway 3 and New Plymouth CBD

More information: https://www.colliers.co.nz/p-NZL67041345


Property Files

Benet Carroll

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Colliers, New Plymouth Commercial Realty Limited, (Licensed: REAA 2008)

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