Units A and B/5 Andromeda Crescent, East Tamaki, Manukau

Bottom drawer East Tamaki investment 6 year lease

• Established nationwide industrial business
• Two functional units leased to a single tenant
• Unit A totals 542sqm - Unit B totals 428sqm (more or less)
• Returning $160,000 net pa with 6 years plus additional rights to renew
• Business has been operating at this site for over 30 years

Are you looking for a passive industrial investment with future add-value potential in Auckland's premier industrial location? Units A and B, 5 Andromeda Crescent represent a rare opportunity to secure a highly functional and future-proofed industrial asset. The existing tenant as been at the location for over 30 years and is well established with a solid local customer base.

The building has been immaculately kept by the tenant who occupies both units A and B. Unit A features a commanding road presence while Unit B is highly functional and contains consented accommodation. The units, being two of three, feature generous parking, an ample yard and are part of a well-presented complex.

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

Nelson Raines
021 555 673
nelson.raines@bayleys.co.nz