27 Glenda Drive, Queenstown Premium, Bottom-Drawer Industrial Investment
TweetAvailable PropertyFiles:
- /Building Plans/
- Plans.pdf
- /Certificate of Title & Interests/
- 700268 - 27 Glenda Drive - Title.pdf
- /Comparable Sales/
- Frankton Industrial Freehold Comp Sales.PDF
- Frankton Industrial Unit Comp Sales.PDF
- /Information Memorandum/
- 27 Glenda Drive - IM-compressed.pdf
- /LIM/
- LM231040 - REPORT-compressed.pdf
- /Leases/
- Executed Lease Agreement - Armor Demolition Limited.pdf
- Ground Anchor Lease.pdf
- High Performance Lease.pdf
- RM Lease.pdf
- /Offer Documents/
- Offer Docs - 27 Glenda Drive.pdf
- /Outgoings Schedule/
- Lot 14 Outgoings.pdf
- /PSI Structural/
- 06. Engineering Docs.pdf
- /Resource Consent/
- RM180438 Plans only s95 .pdf
- RM180438 s95 .pdf
Property Description
Constructed in 2019, and built to 100% of code, 27 Glenda Drive is one of Frankton's premium passive industrial assets. With four tenants, there are multiple revenue streams, giving prospective purchasers the ever-important security of rental returns. The tenancy sizes are particularly popular amongst the Queenstown industrial market given the typical tenant use.The property is fully leased, returning a net rent of $280,950 + GST. The tenants are predominantly local trade businesses who utilise the spaces as storage/workshops areas with a base for their office staff. All of the leases have built-in growth, giving incoming purchasers near-immediate rental gains.
The total size of the freehold site is 996m2 of land, with the building taking up 463m2 of this (there is a total GFA of 760m2 including first floor spaces) and the balance being car parking/yard. There is a twist to this property, with the single freehold title having the ability, and pre-approved consent, to be unit titled.
Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.
Terms of Supply
By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
5. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.
Contact James Valentine Colliers
Colliers Otago (NZ) Limited
Licensed REAA2008
021 777 772 james.valentine@colliersotago.com All Listings