Leased industrial investment
Positioned within a well-established industrial precinct, 1B Liffiton Street presents a compelling opportunity for investors seeking secure income with future upside. The property is underpinned by a strong lease returning $133,392 per annum plus GST and outgoings, with a current term through to 2029 and a further right of renewal extending final expiry to 31 January 2035 -providing long-term income certainty.
The improvements comprise a predominantly clear-span, high-stud warehouse offering excellent usability and efficiency for a wide range of industrial applications. With a substantial floor area of approximately 1,889sqm on a 2,219sqm (more or less) site, the property is well suited to manufacturing, storage, trade, or service-based operations. Three-phase power is in place, supporting heavy-duty industrial use, while the layout allows for flexibility and ease of access.
Externally, the site provides good yard space and functional access for vehicles and equipment, enhancing operational capability. The surrounding location is a recognised commercial hub within Whanganui, benefiting from established neighbouring businesses and strong connectivity to key transport routes and the wider roading network.
This is a rare opportunity to secure a sizeable industrial holding with reliable income and future growth potential in a proven location.
The improvements comprise a predominantly clear-span, high-stud warehouse offering excellent usability and efficiency for a wide range of industrial applications. With a substantial floor area of approximately 1,889sqm on a 2,219sqm (more or less) site, the property is well suited to manufacturing, storage, trade, or service-based operations. Three-phase power is in place, supporting heavy-duty industrial use, while the layout allows for flexibility and ease of access.
Externally, the site provides good yard space and functional access for vehicles and equipment, enhancing operational capability. The surrounding location is a recognised commercial hub within Whanganui, benefiting from established neighbouring businesses and strong connectivity to key transport routes and the wider roading network.
This is a rare opportunity to secure a sizeable industrial holding with reliable income and future growth potential in a proven location.
Key features
Lease term
Leased through to 2029 with a further six-year right of renewal, providing income security through to 2035
High stud
Clear-span, high-stud warehouse with three-phase power, designed for efficient industrial use
Floor area details
Generous, approximate 1,889sqm floor area on 2,219sqm (more or less) of land, suitable for a wide range of industrial occupiers
Location
Located in a proven commercial precinct with strong connectivity and surrounding business activity
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