SOLE AGENCY
These freehold industrial units provide the key attributes any investor should want when thinking about future proofing and having an asset that will always be in high demand. This investment provides a well-established tenant on a four-year lease from October 2022 with a right of renewal. A total of 952m² of functional warehouse / office with three roller doors.
Located in a site that provides full drive around, excellent access and parking area along with double roller doors on the larger Unit C. The asset is always split risk for an investor in the future as the units can be leased separately providing a functional mix of low office to warehouse ratio.
Leased to JR Wholesale who have been in business 25+ years they have a significant food grade fitout (owned by the tenant) and are currently paying $220,000 + outgoings and GST.
The 68 Greenmount Drive freehold industrial units are located in the heart of Auckland’s premium industrial suburb of East Tāmaki. Greenmount Drive sits as a key arterial between the very busy Ti Rakau Drive and Harris Road, two of East Tāmaki’s main arterials. Some businesses nearby include Bunnings, Armstrong Motor Group, United Steel, Target, Carters, and ITM. The property is conveniently located near the Highbrook Business Park and approximately 4km from the SH1 onramp. The property provides connection to SH10, Pakuranga, Botany Town Centre, and sits on the doorstep to the extensive residential catchments of Flat Bush and Howick.
Contact the sole agents to book an inspection and for all the due diligence information.
Features:
* Leased to well established tenant returning $220,000 + GST & Outgoings
* Two freehold units of 380m² and 572m²
* Located on one of East Tāmaki’s most popular streets between Ti Rakau Drive & Harris Road
* Dual access drive around site
* Lease includes bank guarantee & market rent reviews
