Colliers is excited to present an industrial freehold, near-level, metalled site of 7,846 sqm in the Riverhead Industrial precinct, located between Timber Place and Forestry Road, Riverhead, Northwest Auckland
With the Riverhead area experiencing steady new residential and industrial developments, investors, owner-occupiers, and developers have the opportunity to benefit from a growing market, lack if industrial land available, potential capital appreciation, and the long-term industrial development prospects for Northwest Auckland and its surroundings.
This industrial property, located in a Business – Light Industrial zone, presents numerous opportunities for a new owner. Whether you plan to landbank, develop, rent, or use it for your business, this 7,846 sqm metalled, near-level site is poised for value appreciation.
The current owners wish to lease the property back for 12 months, followed by a potential 6 month renewal with a subsequent demolition clause of 3 months. An annual return to be negotiated during the Expressions of Interest process.
Industrial land in Auckland is scarce, and prices are set to keep rising. Act now!
Suitable for:
* Land-bankers and investors
* Developers
* Owner occupiers
Call now for further information or to inspect!
Ryan de Zwart 021 575 001 or Jimmy O'Brien 021 979 001
Features:
* Land-bankers and investors
* Developers
* Owner occupiers