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East Tamaki

F/18 Polaris Place, East Tamaki, Manukau

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179sqm Floor area

For Sale by Negotiation

Modern industrial investment East Tamaki


• 179sqm
• Returning $36,108pa + outgoings + GST
• 2 + 2 + 2 year lease commenced 1st July 2019
• Rent review and next two (2) year right of renewal due 1st July 2023
• Concrete tilt panel construction
• Sought after East Tamaki location

A modern industrial unit in East Tamaki is available with an established tenancy in place. Returning $36,108 per annum + outgoings + GST the lease commenced 1st July 2019 and was renewed for a further two (2) years on 1st July 2021, the next two (2) year right of renewal and market rent review is due 1st July 2023 with a final expiry of 30th June 2025 if the renewal is exercised. The building is very tidy and mostly concrete tilt panel construction and includes a well appointed showroom/office area on the ground floor, high stud warehouse and mezzanine office plus four car parks. This is an excellent and affordable industrial investment in a sought after central East Tamaki location.

Contact the Sole Agents for further details or to arrange to view this property:

Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz

George Hyslop
021 118 7497
george.hyslop@bayleys.co.nz

Mike Marinkovich

Mike Marinkovich


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
George Hyslop

George Hyslop


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Floor area


179sqm

Location


Sought after East Tamaki location

Tenancy


Returning $36,108pa + outgoings + GST