Case Study: 231 Archers Road, Wairau Valley

Description:
A large standalone industrial building approx. 4,700sqm on approx. 9,100sqm of land.

Tenancy(s):
With multiple tenants the property was returning $450,000 pa + GST + outgoings.

Method of Sale:
Sold off market.

 
Sale Price:
The property was sold to a local investor for $7,200,000 representing a 6.2% return.


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