Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Avondale

103 Lansford Crescent, Avondale, Auckland

Watchlist
Share
1,175sqm Land area SQM
809sqm Floor area

Split Risk industrial investment


• Large 1,175sqm (more or less) freehold title with Business - Light Industry zoning
• Three separate and established tenancies offer a split risk investment with no Body Corporate
• Returning $94,500pa plus GST and outgoings with favourable built-in rental growth
• A Grade Seismic rating (100% NBS ), with a recent report available upon request


Located in an established and solid industrial precinct within the Avondale - New Lynn area this desirable property offers a rare opportunity to purchase a solid freehold property with three separate and established tenancies, providing a solid and split risk income stream and ensuring appeal to a range of purchasers.

The established commercial and industrial precinct of Lansford Crescent offers proximity to Wolverton Street a main arterial in this area, and ease of access to a wide range of nearby suburbs including Avondale, New Lynn, Blockhouse Bay, and multiple nearby transport systems and amenities.

The solid split risk income stream, size, location, and rectangular shape of the site combined with the favourable zoning ensures the appeal to a range of purchasers for this property.

Call the sole agents now to receive full information with all viewings by appointment.

For sale by Auction (unless sold prior) at 11 am, Wednesday 24th April 2024.

Mike Adams
021 977 527
mike.adams@bayleys.co.nz

JP Smit
021 021 61616
jean-paul.smit@bayleys.co.nz

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

24
Apr

Time11am
Calander
Calendar
Mike Adams

Mike Adams

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Jean-Paul Smit

Jean-Paul Smit

Commercial, Development and Investment Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Matt Clifford

Matt Clifford

Commercial and Industrial Sales and Leasing

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

Features

Land area breakdown


Large 1,175sqm (more or less) freehold title with favourable – Business - Light Industry zoning

Available


Three separate tenancies with no Body Corporate procedures

Rent review


Returning $94,500pa plus GST and outgoings with built-in rental growth

Location


Solid industrial precinct within the established Avondale – New Lynn area