Prized dual tenancy industrial investment


227 Bush Road, Albany

Private Treaty

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Prized dual tenancy industrial investment | 227 Bush Road, Albany | 1501952 |      X Close
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Prized dual tenancy industrial investment


Bayleys Commercial is proud to offer 227 Bush Road, North Harbour, to the market - A prized industrial investment opportunity in the tightly held North Harbour Industrial Estate.

With excellent exposure to Bush Road, this high profile offering presents well and is one that must be viewed by all add-value investors or owner occupiers in the market.

The unique opportunity is made up of 2 functional industrial units comprising a total building area of 1,476sqm (approx) and positioned on a 2,167sqm (more or less) freehold title.

Currently occupied by two committed tenants on varying lease terms, the total net return is $205,450 pa + GST. The rental rates are considered below market levels offering future rental growth potential to the successful purchaser.

Each unit is very functional in nature with efficient warehouse/office ratios, multiple roller doors and ample parking with 21 on site car parks.

For sale by Deadline Private Treaty closing 4pm, Tuesday, 7 August 2018 (unless sold prior).

Call the joint sole agent for further detail, or to view today. Alex Strever 021 673 969.

FEATURES

- 2,167 sqm freehold site (approx)

- Dual tenancy / split risk investment

- Currently returning $205,450pa net

- Add-value potential

- Massive street profile

- Combined building area 1,467sqm

- A "must see" for occupiers and investors