1/51 Rangi Road, Takanini, Papakura

Invest or occupy - road front on Rangi

Command the road front position of this modern industrial complex located at 51 Rangi Road, Takanini. Comprising 634sqm, the unique makeup of the building should appeal to a range of occupier groups including trade services, manufactures, and distributors. Currently leased to Vertical Horizon for $140,000pa net, the current lease term has six months remaining until the final expiry making this an opportune time for owner occupiers or add-value investors. The large office/showroom of 397sqm is supported by 221sqm of clear-span warehouse, 16sqm of balcony, and 16 exclusive car parks.

Takanini is a significant growth location benefiting from substantial private and public investment. As the urban sprawl continues South, Takanini is sure a bet for the future.

Key Features:
• 6-months remaining on the current lease term
• Passing rent of $140,000pa net
• Suitable for owner-occupiers and add-value investors
• Road front unit in a complex of four
• Recently subdivided into unit titles (two sold)
• Modern tilt-slab construction

Contact the sole agents to discuss this opportunity further.

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

Tom Doyle
021 062 6261
tom.doyle@bayleys.co.nz

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