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2F Rothwell Avenue, Albany, North Shore City, 0 Bedrooms, 0 Bathrooms, Warehouse
Offlined

$2,650,000

2F Rothwell Avenue, Albany, North Shore City

769m2

Colliers are proud to exclusively offer to the market 2F Rothwell Ave with a reduced asking price of $2.65 million + GST (if any) (5.75% yield).

 

This property boasts modern construction and a sleek fitout, ideal for investors seeking a solid return. 

 

The tidy 769 sqm (approx.) industrial unit has a functional configuration with a high warehouse ratio, ensuring flexibility for various industrial activities, maximizing utility and value. The well-designed unit also benefits from the convenience of dual roller door access, streamlining operations for tenants.

 

Currently tenanted on a long-term lease to the well-established tenant SRS Group, who are leaders in architectural rigging services, providing a reliable income into the foreseeable future.

 

The property is currently returning $152,500 + GST + Opex.

 

Investors will have confidence in an area known for its consistently low vacancy rates, offering stability and potential for long-term growth. 

 

Seriously for sale - Vendor wants this sold!  

 

Call the Sole Agents now for further information or to make a time to view.

 

Jack Tuson 027 448 1148 I Logan Roach 027 358 9383

Features:

* Total floor area: 769 sqm (approx.)

* Long term lease

* Well established tenant

* High warehouse ratio

* Returning: $152,500 pa net

* Tidy and modern fitout

* Dual roller door access

* Low vacancy area

Council Data

Last update : 2025 03 05
Improvement value$1,165,000Increased by 41% from year 2017
Land value$760,000Increased by 38% from year 2017
CV(Year 2021 Month 06)$1,925,000Increased by 40% from year 2017
Floor area700m²
Decade of construction1995
TitleNA98D/500
Type of titleUnit Title
Legal descriptionPUF AU10 UP 163923
CouncilAuckland - North Shore
Estate descriptionSTFH,1/1,UNIT F AND ACCESSORY UNIT 10 DEPOSITED PLAN 163923
Council rates$10,382.19
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Light Industry Zone

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Property history

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Rothwell Avenue Neighborhood and Surrounding Data

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Last update:2025-02-28 15:10:57