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Colliers is proud to present Units A & B, 22 William Pickering Drive, Albany to the market for sale - “Buy one or buy them both.”
The premium grade offering consists of two high profile & adjoining industrial units, situated on an elevated 3,404 sqm site, and occupied by longstanding businesses’ returning $501,321 pa + GST + Opex (in total). Built by well-known construction company Haydn & Rollett, the office / warehouse buildings are of similar size, with a total lettable area of 2,171sqm.
The site is well laid out with dual drive way access, generous parking, container drop area and a road front position providing excellent signage profile onto Rosedale’s main arterial road.
Auckland BioSciences “a key player in the global serum industry, supplying global leaders in the veterinary health and scientific industries, and exporting to over 16 markets around the globe” has occupied Unit A since 2017. The business is committed to the building long term, and recently signed a new 10 year lease returning $251,195 pa + GST + Opex.
Metagenics “ is recognised as a Leading Natural Health Science Company and the innovators in Natural Health products and Healthcare Professional education.” The company has leased Unit B since 2008 and has two further rights of renewal of 8 years each beyond this current term. The current rent is $250,126 pa + GST + Opex.
The opportunity is here for a savvy investor to select and purchase their preferred unit or to control the total site and enjoy the dual income stream!
For further information or to request a viewing contact the Sole Agents: Matt Prentice 021 464 904 or Mike Ryan 021 402 461.
Features:
* Total site area 3,404 sqm
* Total return of $501,321 pa + GST + Opex
* Dual Investment - Buy one or buy both!
* Split income streams from two established tenants
* Total building area 2,171 sqm
* Elevated & high profile position
* Two driveways with container drop areas
* Long lease terms
* Excellent access to the northern and north western motorways
* Zoned - Business Light Industry