Mt Wellington industrial - full of upside


8 Monier Place, Mt Wellington

By Negotiation

Download Email
Mt Wellington industrial - full of upside | 8 Monier Place, Mt Wellington | 1903118 |      X Close
Image
Description

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

8 Monier Place, Mt Wellington

Open in map