Kihini
• High-spec industrial built in mid-2018
• Five-year lease returning $103,000pa + GST and outgoings
• Total area 372sqm (approximately) including canopy
• Fixed 3% rent increases annually (hard ratchet)
• Five car parks plus MPI-approved container drop
• 1km from SH16 interchange
This tilt-slab industrial investment completed in mid-2018, consists of 224sqm of high-stud warehouse and 124sqm of air-conditioned office/showroom space, with a warehouse stud height of six metres. The boutique development of four units enjoys road frontage and twin-lane dual access, enabling easy drive-through ability for trucks.
Currently leased to Cassisi Corp Limited, trading as Euroquip, a multinational distributor of European made commercial ovens, refrigerators and catering appliances, they hold exclusive distribution rights across NZ and Australia for leading brands such as Coldline Refrigeration and Moretti Forni.
Neighbouring the development is CDC Data Centres, Mainfreight, Makita and Toyota. The Hobsonville industrial precinct has been extremely popular with national and international businesses wanting to secure their position in this high-growth area.
Call now for further information.
For Sale by Deadline Private Treaty (unless sold prior) closing 4pm, Friday 25th October 2024, 29 Northcroft Street, Takapuna, Auckland