High yielding investment


50 Lovegrove Crescent, Otara

By Negotiation

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High yielding investment | 50 Lovegrove Crescent, Otara | 1902377 |      X Close
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High yielding investment


This sizable land and building offering is calling all investors who are looking for a fantastic return.

50 Lovegrove Crescent comprises a substantial 8,473sqm site, on the southeastern side of Lovegrove Crescent. It contains a large mixed-age building with warehouse space along with office/factory space, located over two levels plus generous on-site car parking.

• New 4 year head lease from settlement

• Returning $500,000pa + GST & OPEX

• Substantial landholding

• Fraction of replacement cost

• 4,936sqm (more or less) floor area

The property enjoys efficient and largely unimpeded access to the motorway network whilst conveniently located less than five kilometres from the industrial hub of Highbrook Business Park. The property is well located with accessible road frontage.

For further information or to arrange to view contact the Sole Agents below:

Nelson Raines

021 555 673

nelson.raines@bayleys.co.nz

Nick Bayley

021 174 2440

nick.bayley@bayleys.co.nz

50 Lovegrove Crescent, Otara

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