• Modern high-stud industrial facility with a substantial breezeway
• Minimal single-level offices with a mix of open-plan and partitioned offices
• Rear yard area and full drive-around capability
• Currently leased to an ASX-listed tenant with final expiry in June 2024
• Well-connected location with easy access to both SH1 and SH20
With a final expiry in June 2024, this property lends itself to both investors looking for an A-Grade industrial with significant rental upside, or owner-occupiers to secure their own premises in the extremely tight Auckland industrial market. The property enjoys solid fundamentals, with a low office ratio, full drive-around, potential for expansion, and a highly sought-after location.
The property boasts a 5,470sqm (approximately) high-stud warehouse (8.15m to 9.6m) and a full 1,421sqm (more or less) breezeway providing all weather devanning or external storage. A single-level office of 488.75sqm (approximately) office is provided on the road frontage of the property with modern accommodation and amenities for staff and clients. A rear yard of 1,377sqm will be a sought-after trait, as will the full drive-around capability of the site.
Currently returning $894,524pa + GST with a final lease expiry in June 2024. Full lease details available upon request.
This is an asset you would be proud to own.
021 599 529
021 938 660
021 414 107
021 0232 1884