4B/89 Ellice Road presents a rare opportunity to purchase a modern industrial investment in the tightly held 89 Ellice Road complex. Well presented, this unit is a stress-free passive investment.
Perfect for first time commercial investors looking to get a better return than leaving money in the bank - this investment ticks the boxes. A well-established company, a new lease, built-in rent increases and market rent review upon renewal. Maintenance is organised by the proactive body corporate.
Located in the desirable Wairau Valley industrial precinct, this complex has had consistently low vacancy since being built in 2008 by the renowned KEA Property Group.
Key features:
• 125sqm (approximately) of total floor area
• Returning $34,000pa + GST and outgoings with guaranteed rental growth
• New lease from April 2025
• Immaculate unit, low-maintenance tilt slab construction
• Two dedicated car parks
• Security alarm
For sale by way of Auction (unless sold prior) being held at 11am, Wednesday 24th September 2025
Bayleys House, 30 Gaunt Street, Auckland Central, New Zealand
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.