Perfectly positioned in one of Auckland’s most sought after industrial locations is this outstanding investment opportunity that demands serious consideration.
Returning $580,756 pa net + GST with 2 yearly rental growth, the property is modern & functional in layout, and can be split in future, allowing for diversified use.
Underpinned by a market leading, national tenant with over 30 years’ experience, this long term investment offers a new 6 year lease term, plus two further renewal terms of 6 years each and a final lease expiry in 2039.
Featuring a high stud warehouse (7m – 8m), great office ratios and 50 car parks, this is a premium industrial investment in every respect. Constructed in 2003, this facility was designed by highly respected architect Terry Randell & developed by Northpoint Construction. With its central position on Bush Road in the tightly held North Harbour Industrial Estate, the high spec 3,292.5m² building sits on a large 5,062m² freehold site and benefits from easy access to both SH16 & the Northern Motorway, while being in close proximity to many of Albany’s key landmarks.
Quality industrial investments of this nature are extremely rare anywhere in Auckland and this one ticks all of the boxes!
Don’t miss out – call either Shoneet Chand (021 400 765) or Matt Prentice (021 464 904) now for further detail, or to register your interest.
Ref #: 20659931
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