3-5 Sutherland Terrace, Blenheim

Cash flow today, growth tomorrow — your industrial win awaits.

This 1,836sqm (more or less) property, zoned Industrial 1, delivers a rare blend of stability and potential.

It features three tenancies: two leased for immediate income, and one vacant, with the option to lease or owner-occupy.

Tenancy 1 occupies a 105sqm (more or less) building on 527sqm (more or less) land, paying $21,500 plus GST and outgoings annually.

Tenancy 3 leases 211sqm (more or less) building on 472sqm (more or less) land for $31,900 plus GST and outgoings, on a monthly tenancy.

Tenancy 2, vacant and adaptable, offers 566sqm (more or less) building on 837sqm (more or less) land, ideal for owner-occupiers or reconfiguration. Previously a training facility, Tenancy 2 includes numerous large office spaces that could be reconverted to warehousing, plus staff amenities including toilets, kitchen, and rear outdoor space.

Seismically upgraded to 67%NBS, this property suits investors holding for income, owner-occupiers seeking move-in ready operational space, or developers looking to modernise and repurpose the site for future tenancies.

Key features

• $53,400 plus GST annual income with room to grow
• Flexible 1,836sqm (more or less) Industrial 1 zoned site
• Vacant tenancy primed for owner-occupier use or redevelopment