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Mangere

2 Freight Place, Mangere, Manukau

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4,598sqm Floor area
7,279sqm Land area SQM

Tender

(unless sold prior)

A Significant Tenanted Industrial Investment


• A rare tenanted industrial investment opportunity currently returning $559,606 pa (net)
• Established tenant with multiple operations
• Current lease term until November 2024 with further ROR
• Built in CPI and market rental growth
• A modern industrial building with excellent warehousing ratios and presentation
• Located on the corner of Richard Pearse Drive and Freight Place, offering excellent exposure

Situated on a 7,279sqm freehold site within the aspirational Airport Oaks industrial precinct, which offers ease of access to main transport systems, Auckland's International Airport, surrounding amenities and a number of nearby residential, commercial and industrial precincts.

This property provides a rare opportunity for astute investors to acquire a quality and significant
industrial investment in today's tightly held investment marketplace.

This modern building is well constructed and maintained, providing excellent levels of warehouse and office accommodation to the existing warehouse and distribution tenant.

Market rental valuations will be available confirming the realistic rental values being paid and highlighting the potential for further rental growth.

For sale by tender closing 4pm, Thursday 29th June 2017 (unless sold prior).

All viewings are strictly by appointment with the sole agents:

Mike Adams 021 977 527
Dave Stanley 021 326 820

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

29

Jun

Time4pm
Calander
Calendar
Mike Adams

Mike Adams


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Dave Stanley

Dave Stanley


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Location


Airport Oaks, Mangere

Opportunity


Quality, significant industrial investment

Returning


$559,606pa + GST and OPEX