Woolston
10 Garlands Road, Woolston, Christchurch
+13
Strategic land holding - future development upside
'As Is, Where Is' opportunity with exceptional holding income.
An outstanding chance to secure a tenanted commercial property in a prime industrial location - offered strictly on an ‘as is, where is' basis.
10 Garlands Road delivers immediate, reliable income of $290,000 + outgoings + GST per annum, with a tenant in place and a strong lease structure. Positioned in a high-demand industrial precinct, this site enjoys excellent access, visibility, and long-term potential.
Whether you're seeking strong holding income, value-add potential, or a strategic landbank, this property ticks all the boxes.
Key highlights:
• Returning $290,000pa + OPEX + GST
• Fully tenanted with established lease
• Offered on an ‘as is, where is' basis
• Strategic location in a core industrial area
• Potential for future redevelopment or repositioning
• 5,675sqm land area
Contact the joint sole agents today for further information.
For Property Files, copy and paste the following link: https://www.propertyfiles.co.nz/5527481
Benji Andrews
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Floor area details
Total floor area of 2,456.37sqm
Passing income
$290,000pa plus GST and outgoings
Zoning
Industrial General
Occupancy
Fully tenanted
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