6 Emirali Road, Silverdale, Rodney

A Grade industrial in a prime location

Arguably the best industrial offering in the market, finally two brand new industrial buildings worthy of your attention.
Appointed as sole agents Bayleys are excited to offer for sale the industrial properties at 4 and 6 Emirali Road, Highgate Silverdale.
Both buildings are currently leased to Electrix who is a leading provider of Electrical maintenance and construction of the power network for Vector throughout New Zealand & Australia.
Completed in 2020, the design and construction was well thought out giving each building its own access, secure yard areas as well as the ability to drive through and around. Each building has 2 large roller doors accessing the warehouse with stud heights of 9.2 metres minimum at the knee to a maximum of 11.5 metres at the apex. The concrete floor slabs have a thickness of 250mm and the exterior tilt slab walls are 175mm.
The buildings sit prominently on two freehold sites in the popular and fast growing Highgate Business Park. Neighbouring businesses include Wet & Forget, NZ Post, John Deere, Mitre 10 and Mighty Ape to name a few. The Estate will also be accessed from the new Milldale residential subdivision via a bridge access over the Motorway with construction about to commence.

Other features include:
•83% warehouse ratios
•Each building has a total floor area of 1,200sqm
•Currently under rented, there are fixed rental increases throughout the lease term with significant upside in the future
•Essential service tenant returning $357,000 pa plus GST plus Opex (next increase May 2022)
•Two fee simple titles of 2,281sqm and 2,312sqm respectively, with each title having a 1/6 share of 4,329sqm of the shared driveway to the rear
•Brand new buildings completed in 2020
•Secure yard areas, dual 7m roller door access to the warehouse, drive through and around, as well as air conditioned offices
•Buy one or both

To be sold by Deadline Private Treaty, 4pm on Thursday 2nd of December 2021 (unless sold prior)