Fee simple freehold tenure, strong lease, and strong yield. Do not miss this opportunity.
Colliers is pleased to present 287B West Coast Road to market. This property boasts private road frontage access and sits on a freehold, fee simple title. The property has recently received full refurbishment , including a new security system, refurbished roof carrying a 10yr warranty, new LED lighting throughout, new roller door motor, freshly painted inside and out, new bathroom facilities and more.
This property offers a total building area of 230m² and 83m2 of exclusive yard area.
It boasts a new four-year lease to an established coffee roastery, returning $46,000 p.a net with strong fixed rental growth, plus a rental guarantee for landlord security and peace of mind - a secure, entry level industrial investment opportunity.
For more information or to book a viewing, contact our West Auckland experts today!
Features:
* Favourable road frontage
* Fee simple titles
* Add-value opportunity