80 Alexander Crescent and 18 Lovegrove Crescent, Otara, Manukau City, Auckland

80 Alexander Crescent and 18 Lovegrove Crescent, Otara, Manukau City, Auckland Substantial freehold industrial - single tenant

• Large 1.4793-hectare fee simple landholding with dual street access

• Leased to single established tenant returning $808,307pa + GST

• Standalone building comprising of tidy office/showroom and warehouse

An opportunity exists to purchase a well-established, single tenanted, large format industrial property with dual street frontages. With a low office-to-warehouse ratio, the property offers functional warehousing with easy access and the ability to split in the future if required. The site has a main access via Alexander Crescent and a rear entrance via Lovegrove Crescent. The property has a significant yard area over two titles located in the suburb of Otara - Auckland. The locality features a small pocket of industrial properties being in close vicinity to transport linkages as well as the well-established and sought-after industrial precinct of East Tamaki. The front portion of the building was recently reroofed and is presented to a good condition.