SOLE AGENCY
Modern, industrial facility situated on a corner site in Glendene. The property comprises two buildings - 4 Akatea Road features 1,423m² and 6 Akatea Road offers 1,146m² net lettable area. They sit on a 4,369m² heavy industry zoned site. There is a new 5-year lease in place to a NZX listed tenant, generating $520,000 net p.a. + GST.
Glendene forms part of the south eastern periphery of an established pocket of industrial development commonly referred to as ‘Span Farm’. Glendene is located 10 minutes from the State Highway 16 interchange at Te Atatu Road and 15 minutes from the Waterview interchange via Great North Road. The CBD is approximately 25 minutes drive away. The Glendene industrial precinct traditionally services the wider Waitakere area. It sits midway between the two business districts of New Lynn and Henderson and is home to major brands such as Sealed Air, Delegats Wine Estate, Hydrotech Drainage & Plumbing, The Pallet company, Jason Products and Elephant Plasterboard (NZ).
Features:
* New 5-year lease to NZX listed tenant
* Can be purchased separately or together
* Returning $520,000 net p.a. + GST
* Heavy industry zoned land of 4,369m²
* Two buildings comprising 2,570m² net lettable area