- For Sale
For Sale by Auction, date TBC October 2021
You’ve been waiting for so long for the right industrial investment property to come along…., and here it is!
This is your opportunity to become the owner of a well presented Kea built industrial building in the heart of the Albany business district, on Auckland’s North Shore. An established Tenant of 9 years, has just renewed for a further 3 years, with a further right of renewal for 3 years. Annual rent returning an average of $112,667 + GST + opex for the first 3 years, (then upon renewal), further annual rental increases are agreed as CPI + 1% .
This modern and functional building has a total lettable area of 674sqm. A sought after balance of warehouse and office area. Warehouse stud height from 6.8m – 7.8m, allows for significant pallet racking or other high stud uses as is commonly required, and the office partly partitioned with glass walls. This building is suitable for a wide range of business uses.
Investments of this quality are a rare find, so don’t miss out. Call the Sole agents now to receive further information, or view this A+ industrial building.
Ref #: 20783221