Colliers International are proud to exclusively market for sale,
30 Apollo Drive, Albany – A trophy standalone industrial investment, located on one of Albany’s most prestigious arterial roads.
SATO New Zealand Ltd, who have more than 40 years at the forefront of the data capturing, barcoding & labelling industry, have occupied the modern & north facing premises since its construction in 2001.
Currently returning $505,892 pa net, Sato NZ has recently renewed for a further 5 year lease term.
The investment has a commanding street presence with approximately 57 meters of frontage to Apollo Drive, & sits on a 5,910 sqm regular shaped freehold title.
Astute investors will appreciate the high warehouse ratio within the 3,150 sqm premises, along with the 55 onsite carparks
Rarely do standalone industrial investments on Apollo Drive come to the open market – this is your chance to purchase a premium grade, hands-free investment occupied by a long standing essential tenant.
Call the Sole Agents to further information. Site inspections by appointment only.
Matt Prentice 021 464 904 Ben Cockram 021 245 5855
Ref #: 20580172
- Contact our experts for details on this transaction.