12/273 Neilson Street, Onehunga, Auckland

Brand new industrial investment

• New six (6) year lease to national tenant returning $184,365.00 pa net + GST
• Six month Bank Bond with Personal Guarantees and 3% annual fixed growth
• Located within Auckland's most prestigious new gated industrial development

Magnificently located on the cusp between Penrose and Onehunga, Woollen Mills is a mere 15 minute drive from the Auckland CBD with swift and easy motorway access via SH1 and SH20 both north and south. The warehouse features a large roller door, wide internal roading with easy truck manoeuvrability. Woollen Mills boasts six access points from three road frontages to aid the pick-up and delivery of goods.

This brand new industrial building has been leased long term to a national company with rights of renewal to 2032.

The building comprises high stud warehouse (7.5m - 9.5m) being tilt slab and clear span with modern office over two levels and full amenities. Exclusive container set down areas are outlined for both 20ft and 40ft containers and the development has been designed to provide fantastic traffic flow throughout the complex and is fully gated giving extra security. This is a true passive industrial investment.

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz