This hard-working Wairau Valley industrial unit represents a standout opportunity to acquire a well-established industrial investment in one of Auckland's most tightly held precincts. The property is leased to a long-standing tenant on a three-year term, generating a net return of $68,000 per annum and providing immediate holding income from settlement.
Positioned as an end unit within a well-maintained development of just ten units, the property benefits from superior accessibility and strong operational efficiency. This 371sqm (approx.) building is configured with a balance of office accommodation, mezzanine storage and clear-span warehouse space with dual roller door access, catering to a broad range of industrial occupiers. Ample on-site parking for seven vehicles further enhances the property's practicality and appeal within this sought-after location.
Key Features:
- Sought after Industrial Investment
- Long Standing Tenant
- Returning $68,000 net pa.
- Total area 371sqm (approx.)
- 7 on-site car parks
With the vendors committed to moving forward with other projects, the property is offered for sale by Auction on Thursday 26 March at 11.00am at 128 Hurstmere Road, Takapuna. (Unless sold prior).
This is a compelling opportunity for investors seeking quality fundamentals, immediate cashflow and long-term ownership within the heart of the Wairau Valley.
Contact the Sole Agents for further details.
