Developer/owner-occupier opportunity in prime industrial location with ample parking.

Positioned on the main arterial route linking Blenheim to Nelson, Picton and Christchurch, the property offers significant visibility from the wide, high-traffic flow frontage, as well as the existing, consented, elevated signage.

The 1,593 sqm site currently holds two buildings, a large and owner-occupied 369sqm high-stud building with three roller doors, an office and a mezzanine with amenities, and a stand-alone 104sqm tenanted warehouse with a single roller door, office and amenities.

The property offers significant drive-through yard space and 17 dedicated car parks, while still offering plenty of scope for further site coverage and development. The 104sqm warehouse is currently tenanted on a three year term returning $29,000 p.a. plus GST and outgoings.

Key features

• Excellent opportunity for an owner occupier looking for great profile and parking, with the advantage of income generated by an existing onsite tenancy
• Substantial undeveloped land area could be built on to expand the leasing investment/owner-occupier space
• High-profile site on Middle Renwick Road (State Highway 6) linking Blenheim to Nelson, Christchurch and Picton