Drury
237-243 Great South Road, 7 Norrie Road, and 5 and A/5 Cameron Place, Drury, Papakura
For Sale by Negotiation
Prime Drury industrial investment
• Four titles to be sold as one lot
• Split risk asset with nine tenancies returning $325,284pa + GST and OPEX
• Business - Light Industry Zone
• 100% NBS rating
Bayleys Commercial are delighted to present this multi-tenanted investment, which lies on four freehold sites with excellent profile. This investment should suit those looking to spread their exposure over multiple income sources with a future redevelopment upside.
The property is held within four titles, the site has frontage to Great South Road of approximately 66 meters and frontage to Norrie Road of approximately 66 meters where access is achieved. It provides a relatively regular L shape and has a total of 6,707sqm (more or less).
The area is in growth mode with new residential development happening in Drury, Paerata, Ramarama, and outlying areas of Pukekohe along with the new industrial land subdivision at Drury South Crossing, together with the 50-hectare land acquisition by Kiwi Property for a new shopping mall.
For more information get in contact with the sole agents today:
Peter Migounoff
027 492 0788
peter.migounoff@bayleys.co.nz
Piyush Kumar
027 410 4750
piyush.kumar@bayleys.co.nz
Peter Migounoff
Licensed under the REA Act 2008
Piyush Kumar
Licensed under the REA Act 2008
Features
Occupancy
Nine individual tenancies
Land area
6,707sqm (more or les)
Floor area
Total 2,283sqm (more or less)
Prime frontage
Frontage to Great South Road of approximately 66 meters and frontage to Norrie Road of approximately 66 meters
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