Grenada is easily accessed via the State Highway 1 Grenada interchange. Destinations such as Johnsonville, Porirua and the northern suburbs are an easy journey, only a matter of minutes away. Wellington CBD is a brief 10 minute journey.
The central location and excellent access to major roading infrastructure combine to make this area the number one choice of companies specialising in distribution, such as Coca Cola, Turners & Growers, Market Gardeners, Metropolitan Glass and Mainland Foods.
The regional economy continues to enjoy good growth and tenant demand for industrial space has resulted in the majority of vacant space in the region being occupied. There also remains a shortage of modern commercial and industrial properties available to owner occupiers and for investment.
The above mentioned market factors mean well located, quality industrial properties are becoming increasingly sought after and are enjoying sound capital appreciation.
Due to this situation, tenants are seeing their rent continually rising. This is creating demand within the market, by tenants looking to invest in their own property, seeking to ensure their long term security.