10E Newnham Street, Rangiora, Waimakariri

Government tenant - quality industrial

• Modern industrial warehouse
• Central industrial location in a rapidly growing district
• Purpose-built for existing government tenant
• 81% NBS
• Long-term lease

First time on the market since developed in 2008, this north-facing industrial property presents an exciting investment proposition. The government tenant in place has expanded recently to tenant the entire property.

The property consists of two adjoining warehouses offering future flexibility.

Well-positioned on Newnham Street and strategically located in the rapidly growing town of Rangiora, this investment property should attract interest from astute investors.

Rangiora is a prosperous town located in the fast-growing Waimakariri District, a 30-minute drive north of Christchurch City.

Extremely rare offering, these types of properties are tightly held and rightly sought after. Offered to the market with real determination by our motivated and retiring vendors.

New Zealand Post Limited returning $104,500 per annum + GST. Full tenancy details are available upon request.