2 x Outstanding Albany Industrial Investments

3 Cowley Place, Albany, Auckland

Industrial / Investment For Sale

Auction to be held at 1pm Wednesday, 13 Nov 2019 (Unless sold prior)
Floor Areas: 518.40 m2 to 566.00 m2.    

Description

Perfectly positioned in a high profile, north facing position at 3 Cowley Pace, North Harbour, are two premium grade industrial investments being exclusively offered to the market for Sale by Auction, 1pm, 13th November (unless sold prior)

Constructed in circa 2005, both units have longstanding National Tenants, 100% “A Grade” IEP ratings, high warehouse ratios & ample parking… these tick every box, and are the “must see investments of 2019!”

Unit 1, occupied by “Holer Diamond Tools”, features a long term lease (6 years) – perfect for the passive investor.

Unit 2, occupied by “TradeZone”, has a lease with a final expiry 31 Jan 2021 – Occupiers & Investors must inspect

First time on the market since construction… these are not to be missed!

Viewings are strictly by appointment – call the Sole agents today to view.

 

Unit 1, 3 Cowley Place – Holer New Zealand Ltd (Holer Diamond Tools)

Lease Term: 6 years (from 15 Nov 2018)

Returning  $88,100 pa net + GST

Total Floor Area – 518.4 m²

 

Unit 2, 3 Cowley Place – Trade & Engineering Limited (Trade Zone)

Lease expires 31 January 2021 (Occupiers & Investors must inspect)

Returning  $98,800 pa net + GST

Total Floor Area – 566 m²
 

Sole Agents: Ryan de Zwart 021 575 001       Matt Prentice 021 464 904       Janet Marshall 021 684 775

 

Features

  • 2 x Premium grade Investments (to be sold separately)
  • Long-Standing National Tenants
  • Returning $88,100 pa net + GST & $98,800 pa net respectively
  • Unit 1, Holer Diamond Tools – 6 year term from Nov 2018
  • Unit 2, Trade Zone Lease expires 31 Jan 2021 (investors & occupiers must inspect)
  • High Profile, North Facing site
  • Modern Construction (completed circa 2005)
  • High Warehouse ratios
  • “A” Grade seismic rating (100%)

Transaction Details

13 Nov 2019

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