Passive industrial investment, ten year lease


18-20 Pukemiro Street, Onehunga

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Passive industrial investment, ten year lease | 18-20 Pukemiro Street, Onehunga | 1903167 |      X Close
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Passive industrial investment, ten year lease


• Well-entrenched tenant in a fully refurbished industrial building

• Currently returning $132,600 pa net plus GST with built in rental growth

• Desirable building configuration that provides scope for the future

• Substantial freehold landholding on two separate titles

• Fantastic location with access to amenities, transport links and both SH1 & SH20

18-20 Pukemiro Street is a freehold industrial building in one of Auckland's most sought-after industrial locations.

The building is very functional being a mix of warehouse, with associated office, and amenities. The warehouse is of good stud height with natural light and is accessed via multiple roller doors. The office and amenities have recently undergone a full refurbishment, this in turn provides very comfortable administration accommodation. The construction is concrete block on steel portal frames with a long run iron roof and a recently replaced modern metal facade. Ample flat yard/car parking at the front of the property ensures 18 -20 Pukemiro Street is a complete industrial asset.

Overall the property presents extremely well and will provide investors a rare investment opportunity in one of Auckland's premier industrial locations.

18-20 Pukemiro Street, Onehunga

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