Cool industrial investment


5 Parkhead Place, Albany

Auction

Download Email
Cool industrial investment | 5 Parkhead Place, Albany | 1504065 |      X Close
Image
Description

Cool industrial investment


• Tenanted Industrial premises

• Freehold land of 2,505sqm more or less

• Surplus land of approximately 1,200sqm with development upside at the rear of the site

• Currently returning $90,000 net pa

• A fee simple industrial opportunity not to be missed.

• Low vacancy rates in this location

A unique opportunity to purchase this functional industrial property with the added attraction of surplus land for further development. This is a rare commodity in this location with virtually no land available for development. The property would suit investors, owner occupiers and developers looking for an add value project with an existing income stream.

Positioned in the heart of the North Harbour Industrial estate, this location is currently experiencing low vacancy rates and excellent demand from both Tenants and Purchasers.

The existing building is fully tenanted, returning a net rental of $90,000pa + GST and outgoings. Full tenancy details are available on request.

Call the sole agents today for an inspection of the property or for a copy of the information memorandum.

For sale by way of Auction, Wednesday the 17th of March 2021 (unless sold prior).