Colliers is pleased to present to the market for sale Unit 9, 2 Tawa Drive, Albany - a tenanted trade retail unit, occupying a prominent corner position within the established Tawa Drive Trade Centre.
Returning $118,000 pa + GST + OPEX (non-recoverable opex $1,556), longstanding tenant Resene Paints Limited, have occupied the premises for nearly 25 years, with their next renewal in October 2027 & a final expiry on 30 September 2030.
The lease term will make this opportunity appealing to both investors & occupiers with a medium term view.
The 355 sqm premises forms part of a modern thirteen‑unit trade retail development positioned on the corner of Tawa Drive and Rosedale Road. The property benefits from a high profile position and established surrounding trade retail uses.
Comprising a high‑stud bulk retail showroom with a partitioned rear warehouse, accessed via an electric roller door, the functional unit benefits from side vehicle access plus 10 designated carparks!
Seriously for sale – present all offers!
For further information or to discuss this opportunity, contact the sole agents.
Matt Prentice 021 464 904 and Shoneet Chand 021 400 765
Features:
* Returning $116,000 pa net
* Tenanted by National brand tenant: Resene
* Lease renewal October 2027 - final expiry September 2030
* 355 sqm total floor area
* High performing & established trade retail development
* Prominent corner position on Tawa Drive / Rosedale Road
* High stud showroom with rear warehouse
* Electric roller door with side vehicle access
* 10 allocated car parks plus loading bay
