7 Sinclair Street, Blenheim

Situated at 7 Sinclair Street, this 580sqm (more or less) site boasts dual road frontages with access from both Sinclair Street and Grove Road. Its exceptional visibility from State Highway 1 and proximity to the Blenheim CBD make it a prime location for light industrial operators.

With a total floor area of 422sqm (more or less), the property features two tenants, each with their own receptions, offices, staff amenities and warehouse areas.

Both tenants, in place since 2014 and 2017, are secured by leases extending to 2026, generating a gross annual income of $54,400 plus GST and Outgoings.

The property has been seismically strengthened to 67%NBS.

An undeveloped second story presents potential for future redevelopment into residential apartments, office space, or storage.

Key features

• Two established tenants providing $54,400 gross annual income plus GST and Outgoings
• Combined floor area of 442sqm (more or less) on 580sqm (more or less) of land
• Prime site with dual access: Exceptional visibility from State Highway 1 and close to Blenheim CBD