Significant land holding with income


68 Hunua Road, Papakura

Private Treaty

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Significant land holding with income | 68 Hunua Road, Papakura | 1903518 |      X Close
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Description

Significant land holding with income


β€’ Currently returning $1,041,791pa net plus GST with potential rental upside

β€’ 40,672sqm freehold site with 4,120sqm total building area

β€’ 7,600sqm (more or less) vacant and useable yard area

β€’ Heavy Industry zoning

Located in the heart of the Papakura industrial precinct, this heavy industry zoned, land holding provides income from three established leases with good potential rental upside or occupation from a vacant portion of the site whilst also offering future rental growth and fantastic future development potential.

The property offers a rare opportunity to secure a fully fenced, level site of 40,672sqm with a mixture of metalled and concreted yard areas, weighbridge and includes approximately 4,120sqm of building area spread over the site. The site also benefits from its 135metres (approx.) of exceptional road frontage and is well located to main arterials and major transport links heading North and South.

Properties of this size and nature are a rarity in todays market and it only goes without saying that this is an opportunity not to be missed.

*boundary lines are indicative only

For more information please contact:

Nick Bayley

021 174 2440

[email protected]

Karl Price

021 552 503

[email protected]

Matt Dell

027 221 9735

[email protected]

Nick Bayley

South Auckland

Licensed under the REA Act 2008

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Karl Price

South Auckland

Licensed under the REA Act 2008

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Matt Dell

South Auckland

Licensed under the REA Act 2008

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68 Hunua Road, Papakura

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Nick Bayley

South Auckland

Licensed under the REA Act 2008

View profile

Karl Price

South Auckland

Licensed under the REA Act 2008

View profile

Matt Dell

South Auckland

Licensed under the REA Act 2008

View profile