Positioned in the heart of Auckland’s rapidly growing north-west, 12 Kawakawa Place presents an opportunity to secure a modern, split-risk industrial investment with income in place.
The property comprises approximately 1,745m² of building area on a 3,362m² site (two Unit Titles forming effective fee simple ownership), configured across modern warehouse, office and amenity accommodation. High-stud, clear-span warehousing, roller door access and extensive sealed yard and circulation areas provide excellent functionality, complemented by generous on-site car parking.
Fully leased to four established tenants, the property returns $449,095 net p.a. + GST, providing diversified income across multiple occupiers. The investment is anchored by Dance 24/7 on a new 10-year lease, with two further five-year rights of renewal and fixed annual rental growth.
Located close to Westgate’s expanding retail and commercial hub, the property offers convenient access to SH16 and SH18 and is well positioned to benefit from the continued growth of Auckland’s north-west corridor.
