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Otaki

9 Rimu Street, Otaki, Kāpiti Coast

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8,520sqm Land area SQM
3,438sqm Floor area
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Multi-tenanted industrial investment


An investment opportunity based on a net income of $217,298pa + GST, and growth potential through rent management and building development. Options up to 2000sqm include one site with ground works compacted and services on site; with dual road frontage.

With 12 tenancies it's a balanced portfolio on various terms. Aotaki Commercial Estate is located in the heart of Otaki's growing industrial area only minutes from State Highway 1 and the new Otaki expressway interchange.

To obtain copies of all supplementary documents please register your details at:
https://www.propertyfiles.co.nz/property/9RimuStreet

•Growth and development opportunity
•Very well leased, multiple tenancies
•Modern two storey hi-stud warehouse and office
•Single level multi-tenanted warehouse complex

For Sale by Negotiation
Paul Adams

Paul Adams


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Stephen Lange

Stephen Lange


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Building quality


One modern, 2008, the other refurbished including new Roof

Opportunity


Development option of approximately 2000sqm

Otaki


Otaki industrial, minutes from the coming expressway

Return


Current net Income $217,298 pa + GST