ਨਵੀਂ ਸੂਚੀ
SOLE AGENCY
These three units have been tightly held and never been on the market before – for very good reason. Sitting on an elevated corner site just 50m from Morrin Road in one of Auckland’s most desirable industrial pockets. This investment has 3 freehold titles with a new 6 year lease in place to an established tenant.
As well as providing split risk with the three units you are buying in one of the fastest growing areas were demand for industrial buildings demand hugely out stripes supply. The properties’ location is on the doorstep to Stonefields, the busy Lunn Ave while having a direct route via Morrin Road to the new Ameti Highway that links with Mt Wellington Highway, Sylvia Parka and SH1 on ramps. As well as the bursting Stonefields community, the affluent Eastern Suburb population sits nearby along with amenities such as Auckland Netball, Colin Maiden Park, Glen Inness and the Panmure Train Station.
The tenant to O’Briens Plumbing who have multiple stores across the North Island and have been in business since 1976 use the 3 units which total 724m² for showroom and distribution. The site caters to vehicle movements with dual access and being in a block of only 5 units has good yard and vehicle movement area.
Truly a unique Opportunity in a popular price and size bracket, its extremely hard to come by investments of this nature. The units must be sold together, and individual sale of units will not be considered by the vendor.
Features:
* New 6-year lease returning $140,000 net p.a. + OPEX + GST
* Total of 724m² across three units
* Road front units in a premium location
* Functional units that will always be in high demand
* On the doorstep to Stonefields, Lunn Ave, Sylvia Park and the Eastern Suburbs population catchment