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Mt Wellington

8 Monier Place, Mt Wellington, Auckland

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1,551sqm Floor area
2,614sqm Land area SQM

By Negotiation

Mt Wellington industrial - full of upside


• Large 2,614sqm (more or less) fee simple site in sought after Mt Wellington
• Two established tenants returning a combined income of $158,160pa plus GST
and outgoings
• Close proximity to amenities, public transport and motorway systems

Situated in the heart of Mt Wellington's industrial precinct, the property comprises a 1970's era industrial building on a Fee Simple site of 2,614sqm (more or less), offering medium stud warehousing with associated offices and amenities. With a floor area of approximately 1,790sqm and multiple roller door access, the building has been configured to allow two separate tenancies - KP Cabinet Limited and Auslink International NZ Limited who have been in occupation since 2015 and 2018 respectively.

For add-value investors the opportunity presents itself to negotiate improved terms in order to maximise the rental return from the property. For owner occupiers, this provides a great deal of versatility with the option to move into part of the property in future.

Returning a combined income of $158,160pa plus GST and outgoings, passive investors should not overlook this bottom drawer investment.

*boundary lines are indicative only

For further information, contact the SOLE agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

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

Tony Chaudhary

Tony Chaudhary


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

Amy Weng


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

Sunil Bhana


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

Features

Attractive income


Returning a combined income of $158,160pa plus GST and outgoings

Coveted location


Sought after Mt Wellington location

Fee Simple site


Substantial land holding of 2,614sqm (more or less)