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East Tamaki

C/333 East Tamaki Road, East Tamaki, Manukau

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572sqm Floor area

Asking Price NZ$1,599,000 + GST

 (if any)

Beat the bank! - Essential business


• New four (4) year lease to essential business
• Premier East Tamaki location
• 80% IEP (Earthquake rating)

Available for sale is this 572sqm (more or less) property in the industrial hub of East Tamaki. The property features a high quality fit-out which has been recently refurbished with an upgraded plant minimising future capital expenditure. With a rear roller door and front cart dock the property features good flow and allows for increased efficiencies. Good parking, a presentable facade and wide driveway allowing ease of access are just some of the many draw points of this great property.

The tenant - an essential food business supplying ready-made and healthy meals has signed a new four year lease returning $90,000 pa net and provides a cash bond and personal guarantee to the incoming landlord. Opportunities such as this rarely come to market and this represents an opportunity for purchasers to secure a sought after investment at an increasingly hard to find high yield.

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

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

Nelson Raines

Nelson Raines


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

Tim Bull


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

Features

Mezzanine


109sqm approx.

Office


138sqm approx.

Opportunity


Food grade with A-grade fitout

Warehouse


325sqm approx.