5 Beatrice Tinsley Crescent, Rosedale, North Shore City

5 Beatrice Tinsley Crescent, Rosedale, North Shore City Industrial Trifecta – Asking $5.7m + GST (if any)

Seriously for sale. Realistic vendor says present all offers.

Colliers is proud to jointly offer for sale, 5 Beatrice Tinsley Crescent, Rosedale, at an asking price of $5.7 million + GST (if any), showing a yield of 5.80%

A unique opportunity to purchase three outstanding office / warehouse units, on a single 2,440 sqm freehold title, with a total return of $331k pa net. 

Units B and C are fully leased with established tenants.
Unit A is offered as vacant possession, or with a 12 month rental underwrite.

• Unit’s B and C have a combined rental income of $171,000 + GST + OPEX.
• Unit A is offered as vacant possession, or with a 12 month vendor rental underwrite at $160,000 + GST + OPEX.

The property is well located within the North Harbour Industrial Estate and has a commanding high profile position at the corner of Beatrice Tinsley Crescent and Ride Way.

A mix of sizes & lease terms, with differing office to warehouse configurations presents flexibility for uses, underpinning the attractiveness of this offering.

Affordable freehold investments in Albany are a rare find.
 
Call the Sole Agents now for further information or to register your interest

Features:

* 3 Outstanding industrial units on a single title

* 2,440 sqm freehold title

* Total rental return $331k pa net

* Unit A offered as vacant possession or 12 month rental underwrite

* Units B & C – tenanted investments

* High profile corner position

* 26 onsite carparks

* Low vacancy location

* Joint sole agency