16 Elms Street, Stoke, Nelson & Bays

Positioned within one of Stoke’s most tightly held industrial precincts, this modern freehold property presents a high-quality investment opportunity with strong fundamentals.Constructed in 2007 and set on an 800m² site at the end of a sought-after cul-de-sac, the building offers a practical mix of showroom, office and warehouse space, well suited to a wide range of trade and service-based uses.The versatile property is underpinned by a renewed lease to Pomeroy’s Coffee & Tea Company, a well-established local business, has fixed annual growth and renewals through to a final expiry in May 2038.As the Tasman region continues to expand on either side, the property benefits from becoming increasingly central, futureproofing ongoing tenant demand.This is a superb opportunity for investors to secure a well-located, multi-purpose asset with a proven tenant in a tightly held area.For sale by asking price of $1,550,000 (+GST if any).Viewing strictly by appointment - contact Brad or Geoff now to visit this investment opportunity.*land and floor areas are approx. only More information: https://www.colliers.co.nz/p-NZL67040953