1/14 Polaris Place, East Tamaki, Manukau

High-yielding industrial investment

Available for sale is a well-presented industrial property in the heart of East Tamaki. The property provides a strong rental income of $229,134.45pa net and is leased to CSE New Zealand Ltd. Having occupied the site since the 1990's, the tenants have just exercised their three-year right of renewal and are entrenched in the premises. The site includes 25 exclusive car parks, a rare and valuable asset in this tightly held precinct.

Investments of this scale seldom come available in East Tamaki - one of Auckland's most sought-after industrial hubs. The location benefits from proximity to key arterial routes, the Highbrook Business Park, and a strong local labour pool.

Key features:
• 1,012sqm (approximately) freehold industrial facility
• 25 exclusive on-site car parks
• Rental income of $229,134pa net
• Recently renewed three-year lease term
• Prime East Tamaki location
• Flexible layout with reconfiguration potential
• Affordable price point

Contact the agents below for more information:

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz