Stunning A Grade industrial with a long term lease


17 Ha Crescent, Wiri

Private Treaty

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Stunning A Grade industrial with a long term lease | 17 Ha Crescent, Wiri | 1902955 |      X Close
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Stunning A Grade industrial with a long term lease


• Large scale industrial offering, underpinned by a long term lease to YHI NZ Limited on a 7,786sqm site

• Six and a half (6.5) year lease returning $715,252 per annum from 1 July 2021 (currently $581,083 + GST)

• Functional, architecturally designed building built to a high specification

• Drive through access with high exposure on Roscommon Road

YHI New Zealand Limited are committed to New Zealand headquarters and have taken their right of renewal early for six (6) years from 1 July 2021.

The property features a single level office fronting Roscommon Road. The warehouse benefits from a functional layout with three roller doors, north facing canopy, and a stud height of 9m to the portal knee. Carparking is well separated from the yard area ensuring an efficient layout for drive through circulation. The building sits on a regular shaped site comprising of 7,786sqm.

A substantial A Grade, large scale industrial investment opportunity, well positioned only minutes from the Cavendish Drive interchange with State Highway 20 providing both north and southbound access, in one of Auckland's most central logistics locations. The location has attracted a number of significant logistics operators due to the ease of access to Auckland's motorway network. With industrial property emerging as the darling of all property investment classes in recent years and appearing to be least impacted by recent economic events, institutional grade, industrial assets of scale this close to Auckland CBD rarely become available for sale.

Tom Davison

021 880 733

tom.davison@bayleys.co.nz

Scott Campbell

021 414 107

scott.campbell@bayleys.co.nz

17 Ha Crescent, Wiri

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