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Drury

13/27 Toiawaka Road, Drury, Papakura

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108sqm Floor area

New industrial unit with five-year lease term


• Returning net $47,104pa + GST
• Modern 130sqm (approximately) unit with warehouse and office
• Quality new complex with dual entry/exit gates
• New five (5) year lease term plus two (2) rights of renewal of two (2) years each

Located within the brand-new Toiawaka Road industrial development, this 130sqm (approximately) industrial unit offers investors the security of a quality tenant in a highly sought-after location. A new five (5) year lease term plus two (2) rights of renewal of two (2) years each provides a solid return of net $47,104pa plus GST and annual fixed increases of 3% plus market rent reviews upon renewal.

The unit itself comprises functional warehouse space and office areas, supported by two (2) car parks, making it a versatile and attractive facility for a wide range of occupiers.

Positioned within the fast-growing Drury South industrial precinct, this property benefits from outstanding connectivity to State Highway 1 and State Highway 22, with the region set for significant residential and commercial growth. With strong tenant covenant and modern construction, this is an opportunity to secure a low maintenance investment in one of Auckland's most active industrial growth corridors.

Auction
(unless sold prior)

292 Great South Road, Takanini

10
Mar

Time1pm
Calander
Calendar
Mike Marinkovich

Mike Marinkovich

Industrial, Commercial and Development Sales and Leasing

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Mike Hook

Mike Hook

Industrial, Retail and Office Sales and Leasing

Bayleys Real Estate Ltd, Pukekohe,
Licensed under the REA Act 2008

Features

Floor area details


Modern 130sqm (approximately) unit with warehouse and office

Available


Stratum in Freehold Unit Title with Body Corporate structure

Motorway access


Next to State Highway 1, between the Drury Interchange to the north and the Ramarama interchange to the south.

Location


Drury South

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