Scale, income and opportunity - Mt Wellington
*SOLE AGENCY*
Key features:
• Landmark Mt Wellington Highway location with exceptional exposure
• Substantial 3.0845ha (more or less) freehold site, with 22,988sqm (approximately) of lettable area
• Vacant 11,377sqm (approximately) warehouse with immediate leasing or occupier options
• Returning $2,567,536pa + GST; potential income approx. $4,300,000pa + GST
• Diversified mix of international, national, and government-backed tenants
The property is occupied by a strong mix of tenants including multinational Belron (Smith & Smith), ASX-backed Repco, social service provider Kia Puawai, community health provider NZ Health Group and NZX-listed Z Energy, together with a recently upgraded warehouse now available for lease or owner occupation.
Positioned on one of Auckland's highest-profile commercial and industrial arterials, minutes from State Highway 1 and Sylvia Park Shopping Centre. The multiple-tenancy configuration provides attractive split-risk characteristics and a well-spread income profile, supported by built-in rental growth and strong underlying land value.
Contact the agents below for more information or to arrange a viewing.
James Valintine
021 023 71868
james.valintine@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz
Key features:
• Landmark Mt Wellington Highway location with exceptional exposure
• Substantial 3.0845ha (more or less) freehold site, with 22,988sqm (approximately) of lettable area
• Vacant 11,377sqm (approximately) warehouse with immediate leasing or occupier options
• Returning $2,567,536pa + GST; potential income approx. $4,300,000pa + GST
• Diversified mix of international, national, and government-backed tenants
The property is occupied by a strong mix of tenants including multinational Belron (Smith & Smith), ASX-backed Repco, social service provider Kia Puawai, community health provider NZ Health Group and NZX-listed Z Energy, together with a recently upgraded warehouse now available for lease or owner occupation.
Positioned on one of Auckland's highest-profile commercial and industrial arterials, minutes from State Highway 1 and Sylvia Park Shopping Centre. The multiple-tenancy configuration provides attractive split-risk characteristics and a well-spread income profile, supported by built-in rental growth and strong underlying land value.
Contact the agents below for more information or to arrange a viewing.
James Valintine
021 023 71868
james.valintine@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz
Key features
Land area breakdown
Substantial 3.0845ha (more or less) freehold site, with 22,988sqm (approximately) of lettable area
Available
Vacant 11,377sqm (approximately) warehouse with immediate leasing or occupier options
Anchor tenants
Returning $2,567,536pa + GST; potential income approximately $4,300,000pa + GST
Prime frontage
Landmark Mt Wellington Highway location with exceptional exposure
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.