Four year lease - modern industrial investment


F/19 Orbit Drive, Albany

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Four year lease - modern industrial investment | F/19 Orbit Drive, Albany | 1503154 |      X Close
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Four year lease - modern industrial investment


• A modern office/warehouse building in a desirable location

• General Business zoning under the Auckland Unitary Plan

• Returning $148,000pa + GST and outgoings from a national tenant

• New four year lease commencing March 2020

Finally an industrial investment worthy of your attention. This property is situated in the highly desirable and tightly-held Interplex Business Park.

Built to a high specification, the building has a warehouse stud height of eight-nine metres, accessed via a single motorised roller shutter door. The offices and showroom have ducted air conditioning systems, and have been recently painted, offering amenities on both levels.

Recently leased to national tenant NZ Merchants Limited on a brand new four-year lease, the building also benefits from a northerly aspect and close proximity to motorway interchanges and amenities.

Tenancy details:

Name of Tenant: NZ Merchants Limited

Term of Lease: Four (4) years

Commencement Date: 1st March 2020

Net Rental: $148,000pa + GST and outgoings