Opportunity to purchase two titles of industrial land and buildings right in Tuakau. A total land area of approximately 2,278 sqm with an industrial building on each site.
Whilst these two properties are on separate titles they are being offered as one parcel. Currently owner occupied, the owner will stay on as a tenant for up to six months if required or will provide vacant possession.
As an additional bonus the neighbouring tenanted property is also available separately, so at this stage it is possible for you to purchase all three properties.
Net rental income from the neighbouring property is approximately $43,000 pa exclusive of GST and outgoings representing a return of 9.8% pa.
#1 Land Area approximately 1,341 sqm
Building 373.59 sqm approximately, 7m stud, steel portal, timber trusses, clad with long run steel, concrete slab floor.
#2 Land Area approximately 937 sqm
Building 129.15 sqm approximately, lower stud steel portal framed warehouse of corrugated iron exterior cladding, concrete slab floor and two partitioned off rooms at one end.
Ample scope to improve buildings and the surrounding land/yard space.