Unit 1, 6 Paramount Drive, Henderson, Waitakere City

Colliers is proud to present the ultimate bite sized industrial investment, located in a commanding road front position at 6 Paramount Drive, Henderson.

Situated in a block of 3, Unit 1, 6 Paramount Dr is occupied by a longstanding automotive tenant, performing as a service centre to the neighbouring Ssangyong Car Yard, who has recently entered into a new 5 year lease, with fixed growth throughout.

Returning $66k pa net, astute investors will appreciate this bite sized investment ticks all the boxes:

• 5 year lease term, plus rights of renewal
• Longstanding tenant
• Guaranteed annual rental growth
• High warehouse ratio (88%!)
• 5.1 – 5.9m high stud warehouse
• Dual roller door access
• 6 carparks
• High profile position
• Low vacancy location

Seriously for sale – call the sole agents today to present your offer!

Matt Prentice 021 464 904, Shoneet Chand 021 400 765 and Jack Tuson 027 448 1148

Features:

* Returning $66k pa + GST + Opex

* 240.4 sqm Industrial premises

* Commanding road front position

* 5 year lease from August 2023

* Fixed annual rental growth

* Market reviews throughout

* High warehouse ratio (88%)

* 6 carparks

* Dual roller doors!

* Sole agency