10 Turin Place, Otara, Manukau

Industrial Investment with upside

• Spacious 1,369sqm freehold standalone property with good street frontage
• Returning $171,410pa net + GST with growth potential at next review
• Could be purchased in conjunction with the adjoining property at 8 Turin Place providing scale and growth for the future

A unique opportunity presents itself in one of New Zealands leading industrial hubs at 10 Turin Place, Otara. This 2,180sqm freehold site is home to a well-established tenant. Offering a low office-to-warehouse ratio, this property presents a practical and well-designed industrial building, with the potential to split or redevelop down the track if purchased in conjunction with 8 Turin Place to the rear.

The property comes complete with high stud warehouse, mezzanine storage, and offices on both levels. Three large rollers doors are located on the property making for easy warehouse accessibility, while being less than ten minutes drive from SH1, this property is an attractive proposition to a range of occupiers in the future.

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

Tim Koning
027 286 0011
tim.koning@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz