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1 Grivelle Street presents a rare opportunity to purchase a freestanding industrial facility in the tightly held suburb of Kumeu, west of Auckland.
Offering a new ten-year lease to Nook Homes Limited, backed by the developers guarantee for six years, and guaranteed rental growth, 1 Grivelle Street is the type of investment readily sought by seasoned property investors.
Construction is expected to be completed in March 2023.
The location has a very low vacancy rate and enjoys strong tenant demand. Nearby neighbours include BNT Automotive, JA Russell Auto Electrical, Plumbing World and Akarana Timbers (under construction).
Kumeu is an affluent community with a growing population of 3,500 and only 30 minutes' drive from Auckland CBD.
For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.83 km | 4 | 2 | 167m2 | 2024年02月12日 | $920,000 | Council approved | |
 | 0.27 km | 3 | 2 | 116m2 | 2024年01月26日 | $770,000 | Council approved | |
0.86 km | 4 | 196m2 | 2024年01月23日 | $1,160,000 | Council approved | |||
 | 0.92 km | 4 | 2 | 198m2 | 2023年12月22日 | $1,130,000 | Council approved | |
0.81 km | 4 | 2 | 185m2 | 2023年11月18日 | $1,145,000 | Council approved |