Kaikorai Valley Industrial | 6.73% Net Yield | A-Grade Asset | Strong Covenant

This modern, newly constructed industrial investment presents a compelling opportunity to secure strong income and quality tenancy at an attractive entry price within Dunedin’s established Kaikorai Valley industrial precinct.

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Completed in 2022/2023, the A-Grade facility is fully leased across two tenancies, delivering a 6.73% net yield and a total net income of $138,000 p.a. + GST. The asset is secured by two established tenants, including a government-funded entity, providing reliable income underpinned by strong covenant strength.

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Situated on a generous 6,282 sqm freehold site, the property benefits from excellent exposure and direct access to State Highway 1, supporting long-term tenant demand and operational efficiency. The modern building configuration, high-stud workshop spaces and well-appointed office areas further enhance its appeal to industrial occupiers.

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With minimal maintenance requirements, quality construction and a tightly held industrial location, this investment offers a well-balanced combination of income security, land value and long-term fundamentals.