Dual-tenanted Sydenham investment
Positioned on a prime north-west-facing corner site, the property comprises a 936sqm freehold site zoned Industrial General, with approximately 718sqm of combined floor area and an 80% NBS rating.
The property is leased to two established tenants, Oceanside Jiu Jitsu and Visionary Dance Studio, generating a combined net rental of $85,352 + GST + OPEX per annum, with current lease terms expiring in March 2031 and April 2029 respectively.
Property features:
• Dual-tenanted investment
• $85,352 net rental per annum + GST + OPEX
• 936sqm freehold site
• Approximately 718sqm combined floor area
• Industrial General zoning
• 80% NBS rating
• Prime Sydenham corner position
Contact the sole agents for further details or to arrange a viewing.
For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5532143
The property is leased to two established tenants, Oceanside Jiu Jitsu and Visionary Dance Studio, generating a combined net rental of $85,352 + GST + OPEX per annum, with current lease terms expiring in March 2031 and April 2029 respectively.
Property features:
• Dual-tenanted investment
• $85,352 net rental per annum + GST + OPEX
• 936sqm freehold site
• Approximately 718sqm combined floor area
• Industrial General zoning
• 80% NBS rating
• Prime Sydenham corner position
Contact the sole agents for further details or to arrange a viewing.
For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5532143
Key features
Floor area details
718sqm total floor space
Zoning
Industrial General
Opportunity
Dual tenanted investment
Land area breakdown
936sqm freehold site
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