2F Rothwell Avenue, Albany, North Shore City

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