• Leased to an established tenant returning $47,332.03 net p.a plus GST
• Desirable Mixed Use zoning which allows for live/work
• Below market rental provides upside for purchasers
• High growth industrial location
This fantastic industrial investment is well located in Otahuhu within close proximity to State Highway 1 and the main arterials. The property predominately comprises clear span warehouse that is access via roller doors at the front and side of the premises. Ample office accommodation, mezzanine storage and secure yard/carparking is provided also.
Currently under rented, there is scope for purchasers to benefit and add value in the future. The regular shaped site is zoned Mixed Use, this provides the ability to live/work and the potential to develop.
This is a rare chance to purchase an affordable industrial standalone in a tightly held precinct.
William Gubb
021 145 6811
william.gubb@bayleys.co.nz
James Valintine
021 0237 1868
james.valintine@bayleys.co.nz