• Returning net $47,104pa + GST
• Modern 130sqm (approximately) unit with warehouse and office
• Quality new complex with dual entry/exit gates
• New five (5) year lease term plus two (2) rights of renewal of two (2) years each
Located within the brand-new Toiawaka Road industrial development, this 130sqm (approximately) industrial unit offers investors the security of a quality tenant in a highly sought-after location. A new five (5) year lease term plus two (2) rights of renewal of two (2) years each provides a solid return of net $47,104pa plus GST and annual fixed increases of 3% plus market rent reviews upon renewal.
The unit itself comprises functional warehouse space and office areas, supported by two (2) car parks, making it a versatile and attractive facility for a wide range of occupiers.
Positioned within the fast-growing Drury South industrial precinct, this property benefits from outstanding connectivity to State Highway 1 and State Highway 22, with the region set for significant residential and commercial growth. With strong tenant covenant and modern construction, this is an opportunity to secure a low maintenance investment in one of Auckland’s most active industrial growth corridors.
