• Long standing, entrenched tenant returning $200,000pa net + GST
• Final expiry August 2024 opening up numerous occupancy options
• Tightly held East Tamaki/Otara location
• Could be purchased in conjunction with the adjoining road front property at 10 Turin Place providing scale and growth for the future
A rare opportunity presents itself to purchase a large freehold East Tamaki site with a long-standing tenant. The property benefits from a large functional yard allowing for a multitude of uses. With excellent ratios of warehouse to office, and an expiring lease in August 2024, this opportunity will also appeal to owner occupiers wanting to get a foothold into this tightly held catchment. Alternatively, add value investors wanting to renegotiate existing lease terms with the incumbent tenant or reposition the property for an incoming tenant will have the ability to do so.
Secure your future today, vendor wants this sold.
James Hill
021 599 529
Tim Koning
027 286 0011
Sunil Bhana
021 938 660