 Asset Class: | Industrial |
 Price: | $ 3384615 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
260 Dyers Road comprises of 5,902sqm of industrial zoned land in one Freehold title. The improvements are 1980’s period precast concrete panel industrial factory building set back from the road and positioned in the middle part of the property. <br><br>This building provides two level offices spanning the full length of the frontage, with a double bay factory in behind.nThe balance of the site comprises of a wide sealed driveway, excellent customer car parking at the front, secure yard space on both sides of the building and a large landscaped area help make this a very appealing site when you pass by.<br><br>This is an exceptional opportunity for first-time investors seeking a fully leased asset or for those looking to enhance their existing portfolio.
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
Bromley is located 6.5km east of Christchurch City Centre, with the suburb hosting a mix of industrial, residential and a modest amount of commercial zoned property.<br><br>Bromley offers industrial business the benefit of a Heavy Industrial Zoning, ideally suited to various heavy industries such as warehousing, manufacturing, heavy engineering, automotive dismantling, metal recycling and contracting. With these businesses benefiting from being closely connected to the mostly blue-collar labour force within the surrounding residential catchment.<br><br>Bromley being located on the arterial ring road network of Christchurch enables easy access to the Port of Lyttelton, the west area of the city and access to State Highway 1.
Additional Location Information FileFor over 70 years, Rylock® has been a leader in innovative aluminium joinery solutions for New Zealand homes. Founded in 1954 as a manufacturer of aluminium fly screens, we quickly evolved to meet the changing needs of homeowners. By the early 1960s, we expanded into aluminium windows, which soon became our core business. Since then, Rylock® has grown into one of New Zealand’s most trusted and well-known window and door brands.<br><br>At Rylock®, we design and install windows and doors that complement the way New Zealanders live. Our philosophy is simple – create high-quality, functional, and stylish solutions that enhance indoor-outdoor flow, provide superior temperature control and noise reduction, while also offering optimal safety and security.
Initial Term:
Security:
Security Info:
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">5,209sqm* Heavy Industrial zoned site</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">3 year market rent reviews</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Long standing tenant in place</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">67% NBS rated</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fully tenanted industrial investment</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Outstanding profile onto State Highway 74</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Sharp yield of 6.5% at Rethink price</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Egress/ingress from Dyers Road</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Excellent customer parking and working yard space</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Excellent factory production flow</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Site coverage approximately 35%, offering expansion potential</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Uplift expected at next rental review in 2026</span></p></li></ul>
