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215sqm Floor area

Asking Price NZ$654,000 + GST

 (if any)

Owner occupiers or Investors 215sqm industrial


• Buy at 5.35% net return or $3,041 per sqm
• Suit investors or owner occupiers
• Landlord can end lease with two months notice
• 215sqm industrial unit
• East Tamaki location
• Affordable investment

An affordable industrial investment that will return the investor a net yield of 5.35% from a rental of $34,995 per annum net rent plus outgoings plus GST from established tenant that have occupied since 2016. The landlord can end the lease by giving the tenant two months written notice so owner occupiers can occupy as required. A+ IEP rating - report available. LIM report available Contact the Sole Agent to arrange to view the property or obtain further details.

Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz

Nelson Raines
021 555 673
nelson.raines@bayleys.co.nz

Mike Marinkovich

Mike Marinkovich


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Nelson Raines

Nelson Raines


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

Features

$34,995pa net return


Buy at 5%+

Affordable


Industrial unit

Established tenant


Has occupied since 2016

Investors or owner


New lease can be ended by landlord with two months notice