21 Pukeiti Road, Otahuhu, Auckland

Freehold industrial investment

Deadline Private Treaty (unless sold prior) closing 4pm Friday 17th June 2022 at 2 Harris Road, East Tamaki.

• Standalone 437sqm clear span building
• Freehold Fee Simple Title with 728sqm land area.
• Established tenant returning $70,000 net pa + GST
• Five (5) + five (5) year lease term
• Light industry zoning
• Standalone building comprising clear span warehouse with minimal office

This fantastic industrial investment is well located at the Mt Wellington end of Otahuhu within close proximity to State Highway 1 and the main arterials.
The property comprises a clear span warehouse with front and side roller doors plus ample office/amenities over two levels. The property includes front and side sealed yard areas providing parking, storage and area for containers. The rectangular shaped site is in the preferred Light Industry Zone. This business has operated from these premises since built in 1972. IEP = 70% of NBS.

This is a rare chance to purchase an affordable standalone industrial investment in a tightly held precinct with a well established tenant providing excellent lease terms. LIM Report, Council Property File, IEP Report and Lease documentation available upon request.

For further information and/or to arrange to view this property please contact the Sole Agents:

Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz

Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz

William Gubb
021 145 6811
william.gubb@bayleys.co.nz