Colliers are proud to exclusively offer for sale 9 Ascension Place, Albany - a tenanted standalone industrial investment located in a primetime position directly off Constellation Drive!
Returning $227k pa net to a longstanding tenant of over 20 years,”Vistalite Windows and Doors” has recently renewed for a further 3 year term, plus further rights of renewal.
The 1,196 sqm premises consists of a high warehouse ratio (81%), high stud and has 17 carparks lining the exterior.
Underpinned by a level 2,223 sqm freehold title, astute investors will appreciate the low supply of mid sized standalone Albany industrial assets in this tightly held market.
Phone the sole agents today to register your interest.
Matt Prentice 021 464 904, Shoneet Chand 021 400 765 and Jack Tuson 027 448 1148
Features:
* Returning $227,000 + gst + opex
* Longstanding tenant of over 20 years
* Recently renewed lease
* Freehold title 2,223 sqm
* 1,196 sqm standalone industrial asset
* High warehouse ratio
* High stud + ample onsite parking
* Tenanted investment
* Sole agency
