Key features:
• Strategic position on Ti Rakau Drive with excellent visibility and high traffic count
• Fully leased to Sydney Tools and Auckland Marine Centre returning a combined net rental of $829,915.40pa + GST, providing strong investment appeal
• Established surroundings, located between the East Tamaki industrial precinct and Botany Town Centre
This dual tenancy structure diversifies the income stream, mitigating risk and ensuring a consistent return for investors, while the review mechanisms provide annual rental growth.
The property enjoys prominent exposure along one of East Auckland’s key arterials, benefiting from high traffic flow and excellent brand exposure. Following substantial tenant and landlord investment and upgrades, the modern building includes road-front parking, expansive showroom areas, and office facilities.
With high-profile national and international occupiers in the surrounding area, this asset is strategically positioned within a strong retail catchment, offering future growth potential. 321 Ti Rakau Drive presents a compelling choice for discerning investors seeking a hands-off, split-risk property in a sought-after location.