â¢New three-year lease plus rights of renewal
â¢Fully leased to an established company Teak Construction Limited
â¢Total net rental $120,000pa + GST
â¢Total building approximately 576sqm including nine car parks
The property was originally constructed in the 1980s, the presentation now is of high-quality office fit-out, trendy furniture, and amenities of excellent character providing a fun and relaxing workplace.
Since 1992, Teak Construction has built a solid reputation for consistently high-quality construction, and are New Zealand owned/operated. Over several decades they have cut the ribbon on over 500 successful builds, from major commercial projects to government, remedial and residential works.
The property is well located within the established Wairau Valley industrial precinct. With street frontage to Argus Place provides excellent profile and exposure. The location is on the border of Industrial and Residential zoning and is close to a variety of commercial, retail, industrial, educational users and very handy to essential motorway routes. With low interest rates is now an excellent opportunity for investors to secure this quality asset in such a desirable location.
Call the sole marketing agents to arrange an inspection.