Sold Property

2/50 Dakota Crescent, Wigram, Canterbury 8042

  • 452 m2

$700,000

Invest with income

This industrial property is in a popular location.
Offered for sale as a fully tenanted investment.
Two tenants will provide flexibility of risk and return.
Main tenant - warehouse - is an international operator.
Office tenant - is a national company.

Total floor area 462sqm
Warehouse 342 sqm
Office 113sqm

EQ repairs complete. NBS 67%

Existing owner will become the warehouse tenant with a new 4 x 3 x 3 x 3 year lease.
Office tenant has one year remaining with another RoR for two years.
Annual net rent roll to be $48,732pa.
Great popular location off Hayton Road with good sunny aspect and easy access.
Supported by 8 carparks out front.

Location is well supported by fuel, food and shopping facilities (The Landing) within close proximity.

Property available For Sale by Negotiation.

Call sole agents Mike Drummond and Cindy-Lee Sinclair to discuss. Property ID: #HHC4151

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Sold Date

  • 05 December, 2019

Property features

  • Property Type: Office
  • Office Square Metres: 110
  • Warehouse Square Metres: 342
  • Zone: Industrial
  • Tenure: Unit Title
  • Tenancy 1: Area Sqm: 975, Commencement Date: 01 October 2017, Expiry Date: 30 September 2022, Rental net/gross p.a.: 15000, Rights of Renewal: One of two years, Tenant Name: BAS Securities Limited, Term (years): 2
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Outgoings

  • Body corp fee $: 6914.33

Office

Harcourts Holmwood Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 452 m2

Sold Property

2/50 Dakota Crescent, Wigram, Canterbury 8042

$700,000

Invest with income

This industrial property is in a popular location.
Offered for sale as a fully tenanted investment.
Two tenants will provide flexibility of risk and return.
Main tenant - warehouse - is an international operator.
Office tenant - is a national company.

Total floor area 462sqm
Warehouse 342 sqm
Office 113sqm

EQ repairs complete. NBS 67%

Existing owner will become the warehouse tenant with a new 4 x 3 x 3 x 3 year lease.
Office tenant has one year remaining with another RoR for two years.
Annual net rent roll to be $48,732pa.
Great popular location off Hayton Road with good sunny aspect and easy access.
Supported by 8 carparks out front.

Location is well supported by fuel, food and shopping facilities (The Landing) within close proximity.

Property available For Sale by Negotiation.

Call sole agents Mike Drummond and Cindy-Lee Sinclair to discuss. Property ID: #HHC4151

Property Features

  • Property Type: Office
  • Office Square Metres: 110
  • Warehouse Square Metres: 342
  • Zone: Industrial
  • Tenure: Unit Title
  • Tenancy 1: Area Sqm: 975, Commencement Date: 01 October 2017, Expiry Date: 30 September 2022, Rental net/gross p.a.: 15000, Rights of Renewal: One of two years, Tenant Name: BAS Securities Limited, Term (years): 2
Show More

Outgoings

  • Body corp fee $: 6914.33

Sold Date

  • 05 December, 2019

Mike Drummond Harcourts Holmwood Commercial

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Harcourts Holmwood Commercial

Office Harcourts Holmwood Commercial Licensed under REAA 2008

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