Hornby Real Estate

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719 Halswell Junction Rd

Canterbury Area
719 Halswell Junction Rd Canterbury Area
proudly marketed by
Bayleys Whalan & Partners Ltd - Christchurch
Blue chip bottom drawer investment
• Modern, high stud industrial building with significant Halswell Junction Road profile • Leased to a blue chip tenant in essential business • Returning $606,537pa + GST and outgoings • Substantial freehold land holding of approximately 11,110sqm • Prime industrial location Bayleys are proud to offer 719 Halswell Junction Road to the market. Located on a prominent corner, in the heart of Hornby industrial, this conventional A grade 4,096.80sqm (more or less) industrial property lies on a freehold title comprising 1.11ha. It is well configured and features a high stud warehouse and modern office space. The facility further benefits from dual access and a significant concrete yard, allowing ease of truck flow and the flexibility to add to the property in the future. The property is leased to a NZX listed subsidiary tenant, Dairyworks Limited, providing a strong substantial income. The initial lease term is ten years with further rights of renewals and advantageous rent reviews. For Sale by Deadline Private Treaty closing at 4pm, 3 December 2021.
Upload by Geoff Shaw
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