• Substantial corner site land area of 8,099sqm over two freehold titles
• Established tenant has recently entered a new 6-year lease term
• Business - Light Industry zoning provides multiple future options
• Returning $365,000 + GST pa. (net) with solid lease convents
Bayleys are proud to be appointed as the sole agents to offer this rare industrial investment opportunity for sale. The offering comprises two adjoining properties located on a prominent site on the corner of Hunua Road and Parker Street, Papakura, an established and high-growth industrial precinct which has seen a strong level of nearby new development and building in recent times. This location offers a wide range of nearby business entities including Griffins Foods, Fletcher Building, Pioneer Energy, ITM, National Spring & Wire, Humes, Asahi Beverages and Stress Crete amongst many others. Located near the Drury South Crossing development and multiple main arterial Routes including State Highway 1 which provides ease of access to various locations' including the Waikato Region,
Auckland including the CBD and, various industrial precincts, and a range of other nearby commercial, lifestyle, and residential suburbs including Papakura and Pukekohe.
The established tenant offers a solid income stream, and the substantial freehold land holding provides significant future development opportunities.
This strategically located property will appeal to a range of astute investors, land bankers and future owner occupiers/developers seeking a multi-faceted industrial opportunity with a substantial land holding.
For sale by negotiation
Call the sole agents now to obtain further details, with all inspections by appointment.
Mike Adams 021 977 527
Tim Bull 021 127 1831
Peter Migounoff 0274 920 788