Available PropertyFiles:

  • /1. Information Memorandum/
    • Main Road, 98_Information Memorandum_min.pdf
  • /2. Lease Documents/
    • Lease_ Q Laundromat.pdf
    • Lease_Future Promotion.pdf
    • Lease_Meat Direct.pdf
    • Lease_Tawa Auto.pdf
    • Lease_Taylor Plumbing.pdf
    • Unit 3 - Renewal.pdf
  • /3. Building information/
    • Outgoings Invoices.pdf
  • /4. Plans/
    • 98 Main Road - Plan 1.pdf
    • 98 Main Road - Plan 2.pdf
    • 98 Main Road - Plan 3.pdf
  • /5. Title/
    • title_WN42A_590.pdf
  • /6. Seismic information/
    • Seismic Letter_Main Rd.pdf
  • /7. Insurance /
    • 98 Main Road- Insurance Statement,.pdf
    • SvuSchedule_PK266247-10.pdf
    • SvuSchedule_PK266258-10.pdf

Property Description

• Freehold industrial investment providing diversified income and split risk
• Owner-occupier and investment appeal with flexible occupancy options
• Add-value potential through leasing, occupancy and active management
• Potential net income of approximately $390,000pa + GST

Offered to the market for the first time in over 30 years, 98 Main Road is a substantial eight-unit industrial holding in the heart of Tawa, offering genuine flexibility for occupiers and investors chasing upside.

The primary tenancy enjoys excellent profile and comprises approximately 886sqm of warehouse, office and showroom accommodation. The space provides an opportunity for purchaser occupation or add-value via leasing, supported by excellent leasing history and demand. Seven smaller industrial units complete the property, providing diversified income and further potential to improve returns over time.

With a bankable NBS rating, excellent access to State Highway 1 and scope to strengthen the leasing profile, 98 Main Road presents a well-located industrial holding with scale, income and clear add-value potential.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Simon Butler

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022   021 128 9315   simon.butler@bayleys.co.nz   All Listings

Contact Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022   +64 21 328 138   fraser.press@bayleys.co.nz   All Listings