Featuring a global tenant returning $818,827 pa net on a long term lease with fixed annual rent increases, 44 Arrenway Drive is one of the best commercial opportunities in the market and must be seriously considered.
Navico are currently the world’s largest marine electronics company and are owned by Goldman & Sachs and a Swedish private equity firm. They are the parent company to market leading marine electronics brands Lowrance, Simrad and B&G.
Positioned on an elevated, 3,973m² prime corner site, this offering features a top quality 3,304m² office/ warehouse facility in one of the most tightly held commercial precincts in Auckland. With 70 car parks including 38 basement parks, the property also includes a 1,000m² high stud warehouse which offers future flexibility in a high demand location.
The well-presented building is situated close to both Northern and Western motorway interchanges and surrounded with plenty of local amenities. Rosedale has also recently seen the approval of a $70m bus station upgrade, with work expected to commence mid 2022 as part of the Northern Corridor Improvements project.
Don’t miss this opportunity – call either of the Sole Agents now for further information, or to register your interest.
Ref #: 20691902
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