A and B/59 Gorge Road, Queenstown, Queenstown, Otago 9300

^Floor 325m²
^Land 685m²

Sold

Modern Industrial Investment

This is a quality high stud commercial investment property with associated car-parking/yard that is fully leased to an established local Gym operator. Located on a rear 685sqm site accessed from Gorge Road a main arterial route into Queenstown. Under the Proposed District Plan the property has been rezoned as Business Mix Use providing many future development options.

The property comprises a total gross floor area of circa 325sqm providing a large open span warehouse space with associated office/amenity area and an exclusive yard/ car-parking area. The property was originally built in 2015 for the current occupier Queenstown Cross Fit Gym, however the current layout is very flexible allowing for alternate uses.

Investment highlights:
• Fully tenanted - returning $92,000 + GST annually + OPEX
• Scarce freehold property
• Near new building constructed in 2015
• Quality industrial tenant mix - surrounded by a mixture of local operators
• Floor area 325sqm
• Land area 685sqm (more or less)

For Sale: Enquiries over $1.7 million + GST (if any).

Please contact Rory O'Donnell or Mark Simpson to arrange an inspection or to access the online data room for further information.