- For sale
For SaleDeadline Private Treaty 8th Dec 2021 16:00:00 (Unless sold prior)
3 Zelanian Drive is located on 8,612m² of freehold land in the heart of Auckland’s most desirable industrial precinct. The site is one turn off the popular Allens Road with 50m of road frontage onto Zelanian Drive while providing the potential for dual street access via another access point. The property has a low site coverage of 33% providing plenty of scope in the future to add value or redevelop. The site is rectangle in shape and adding to the functionality the buildings are located on the southern boundary providing plenty of rear yard area and movements for vehicles.
The building itself is a rectangle functional shape with a total building area of 2,850sqm. It is split into two tenancies to further de-risk it for buyers while providing ample yard area. The building provides a medium stud height with multiple roller doors that are accessed via a sealed yard.
The site is heavy industrial zoning which is the most flexible in terms of the type of users that can occupy the property. With a total site coverage of 33% and a ratio of only approx. 18% office to warehouse, the site provides a magnitude of options to add value in the future. The short nature of the leases gives purchasers to buy with a holding income with the opportunity to significantly increase the rent or occupy in the future.
For those who have been granted access to Data Room for this listing, please click here to view the Data Room Documents.
Ref #: 20841345