1B/89 Ellice Road, Glenfield, North Shore

Road-front Tenanted Investment $58,000pa

This immaculately presented, road-front industrial property with a three year lease will be ideal as a first investment or addition to an existing portfolio.

Providing a net rent of $58,000pa + GST on a new three (3) year lease plus a further three (3) year right of renewal and a personal guarantee makes this a very desirable investment property.

Centrally located in the North Shore's Wairau Valley this property is part of a popular development built by Kea Property Group circa 2008.

Features:
• Net return $58,000pa + GST
• Total area 257sqm (approximately)
• Warehouse 127.2sqm
• Ground floor office and amenities 66.5sqm (approximately)
• First floor office and amenities 63.3sqm (approximately)
• Five exclusive use car parks
• Road front with excellent profile
• Three (3) year lease
• Personal guarantee
• Low vacancy area

Call the Joint Sole agent now