4 Manchester Street Blenheim, Marlborough District

Industrial investment with an opportunity to occupy one unit while generating rental income from the other.

Positioned in the central industrial area of Riverlands, this substantial property offers an attractive combination of owner-occupier flexibility and investment potential.

The property comprises two industrial units on a 1,332m2 site, with one unit currently leased and the other available for lease. The leased unit provides an income stream, while the vacant unit offers an opportunity for an owner-occupier to establish or expand their business.

Lease opportunity

The vacant unit is currently being advertised for lease. The landlord has approved a first-year rental of just $43,000 plus GST and outgoings, giving a new tenant time to establish their business.

The landlord is also flexible and willing to accommodate the specific needs of potential tenants.

Key features
• Land area: 1,332m2
• Total building area: Approximately 358m2
• Leased unit: Approximately 230m2 more or less
• Vacant unit: Approximately 358m2, currently advertised for lease
• Wet-floor factory space: Approximately 302m2
• Office, meeting room and toilets: Approximately 56m2
• Approximate front, side and rear yard: 385m2
• Three-phase power
• Recently relined building
• Upgraded electrical systems throughout the factory
• New lighting and single-phase power outlets
• Large walk-in chiller, recently serviced
• Office area and meeting room
• Three toilets and a shower

The property is well suited to a range of industrial, food-related, storage, manufacturing or distribution uses, subject to the appropriate approvals.

Location

Situated in the central industrial area of Riverlands, the property is conveniently located near major freight distribution companies, making it a practical base for businesses requiring industrial space and access to transport networks.

A flexible investment opportunity

Whether you are looking to occupy one unit, retain the existing tenant for income, or secure a property with future leasing potential, 4 Manchester Street offers flexibility and scope to suit a range of investment strategies.

For more information or to arrange a viewing, please contact Clayton Knowles on 021 579 533.