This is your opportunity to secure a large freehold, corner site and split risk industrial investment on Auckland’s North Shore. Tenanted by 2 well established, National marine businesses, with leases returning $303,340 pa net , this standalone industrial building will appeal to both investors, and/or owner occupiers playing the long game.
The functional dual-access property has a total floor area of 1,868sqm, and comprises of a high stud / clear span warehouse, ground floor showroom / office & a first floor office.
Occupying the entire ground floor warehouse + office is the well known amphibious boat builder, Sealegs, with the long term tenant Navicom Dynamics leasing the first floor office.
The property is in an easily accessible industrial region, near North Shore’s main arterial road and only minutes’ drive to the Northern and Western motorway links.
The freehold land area of 3,113sqm has extensive carparking and yard space for container drop, which makes this investment float to the top!
Call the sole agents now to view this functional industrial investment and discuss the upside…
Matt Prentice 021 464 904 | Shoneet Chand 021 400 765 | Ryan de Zwart 021 575 001
Ref #: 20688112