Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Kenmure

603 Kaikorai Valley Road, Kenmure, Dunedin

Watchlist
Share
1.63 ha Land area SQM
304sqm Floor area
4 Offstreet

Immaculate Industrial Investment | Kaikorai Valley


603 Kaikorai Valley Road presents a premier opportunity to acquire a newly completed, A-Grade freehold industrial asset. Set on a substantial 1.6334-ha site, the property features a modern 304 sqm facility completed in 2025.
Leased to Southpac Trucks Limited, one of New Zealand's leading commercial vehicle distributors with 10 branches nationwide, the property delivers a dependable income stream returning $75,000 pa + GST & OPEX. The initial five-year lease features market rent review provisions, providing steady long-term growth potential.

Key Features:
• Strong Covenant: Fully leased to an established nationwide brand
• Substantial Site: 1.6334 ha freehold land holding offering operational flexibility and future upside
• Modern Build: High-quality 2025 construction with low upcoming Capex
• Functional Layout: Dual-access warehouse entry, heavy-duty concrete yard, wide street frontage, and dedicated customer parking
• Prime Location: Situated in a high-exposure, tightly held commercial precinct

Combining modern infrastructure, high-profile presentation, and a secure tenant profile, 603 Kaikorai Valley Road is a compelling addition to any commercial portfolio.

Contact Muir Gold at Bayleys today for further details or to arrange an inspection.

Key features


A-grade

2025 built A-Grade freehold industrial asset.

Anchor tenants

Leased to Southpac Trucks Limited, one of New Zealand’s leading commercial vehicle distributors with 10 branches nationwide.

Exposure

Excellent exposure with expansive road frontage, ensuring plenty of visibility to the constant stream of traffic.

Location

Standalone property with great street frontage. Situated on the north side of Kaikorai Valley Road, located on the main arterial route through Burnside and Kaikorai.

Motorway access

Strategically located with easy access to State Highway 1.

Opportunity

The initial five-year lease features market rent review provisions, providing steady long-term growth potential.