Industrial investment with healthy return


E/68 Greenmount Drive, East Tamaki

Private Treaty

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Industrial investment with healthy return | E/68 Greenmount Drive, East Tamaki | 1902573 |      X Close
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Industrial investment with healthy return


• Multi tenanted split risk investment

• New five (5) year lease to Blue Frog Ltd providing a generous return

• Motivated vendor wants a result

68E Greenmount Drive presents a low maintenance, affordable investment opportunity with a healthy return. This industrial investment is underpinned by brand new five (5) year lease to an established food production business returning $85,000 p.a net. The balance of the property is leased for $35,000 p.a net on an 18 month term allowing for future expansion for the current anchor tenant or an opportunity for future owner-occupiers.

Constructed with concrete tilt slab panels on the side and rear boundary walls and combination of concrete block and cladding on the front of the property this opportunity presents a low maintenance and sought after industrial asset. The warehouse features a generous stud height and is clear-span over both tenancies. On top of this, both tenancies feature low office ratios future proofing the investment.

Greenmount Drive is a highly sought after street with high traffic counts and is in close proximity to Ti Rakau Drive and the eastern suburbs.

For further information, contact the SOLE agents

Nelson Raines

021 555 673

nelson.raines@bayleys.co.nz

Tim Bull

021 127 1831

tim.bull@bayleys.co.nz

James Hill

021 599 529

james.hill@bayleys.co.nz

E/68 Greenmount Drive, East Tamaki

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