SOLE AGENCY
New to the market is this modern industrial facility in Glendene. The site is zoned Heavy Industry and comprises a generous 1,134m² warehouse which is complemented by a 136m² canopy suitable for all weather access. Additionally the site has a 315m² yard and excellent access onto Akatea Road. There is a new 5-year lease in place to a NZX listed tenant, generating $235,000 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
* Modern industrial facility
* 1,146m² net lettable area
* 1,893m² freehold site
* Heavy Industry zoning