Featuring a large freehold site, heavy industry zoning, substantial holding income and enormous motorway exposure is this rare yard based opportunity in one of Auckland’s most popular industrial locations.
Four tenants currently occupy the site and provide holding income of over $490k annually. Excluding a cell-phone tower, the final lease expiry is in August 2026, however, by exercising the redevelopment clauses, the site could be vacated by November 2025 which opens the opportunity up to occupiers and developers.
With total land area of 11,267sqm, the site is accessed from Patiki Road, and offers easy access to State Highway 16, while being only 10mins to CBD and 20mins to Auckland airport.
Contact either of the Sole Agents Shoneet Chand 021 400 765 or Matt Prentice 021 464 904 for further information, or to arrange an inspection.
Features:
* 11,267 sqm freehold title
* Over $490k holding income
* Multiple tenants - Short term leases
* Vacant possession possible from November 2025*
* Over 190 metres of motorway exposure
* Occupy, develop or invest
* Close to CBD & motorway links
* Sole Agency - call now for further details