• 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