Property Description

• $360,000pa + GST net income
• Tenant has occupied site for 30 plus years
• Substantial building with good carparking
• Popular industrial location

An exceptional industrial investment opportunity positioned in Wellington’s highly sought-after Seaview industrial precinct. This substantial asset offers secure income, fully leased to Groenz Ltd, a subsidiary of global foodservice powerhouse Golden
State Foods. The tenant has successfully operated from the property for over 30 years, underscoring the strength and stability of the covenant.
The well-presented property comprises a 2,532sqm industrial facility situated on a generous 3,527sqm freehold site. Key features include dual access points, extensive on-site car parking, and a secure yard area. The building benefits from significant
tenant investment, operating as an export-grade food production facility, complemented by modern office accommodation and staff amenities.
This is a high-quality industrial investment underpinned by a blue-chip tenant, strong fundamentals, and a prime position within Wellington’s established and tightly held Seaview industrial market.