Eight year lease to international tenant


G/18 Constellation Drive, Albany

Auction

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Eight year lease to international tenant | G/18 Constellation Drive, Albany | 1505029 |      X Close
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Eight year lease to international tenant


Situated on one of the North Shore's main arterial routes, this standout property enjoys a highly prominent position on the corner of Constellation Drive and Ascension Place. The property comprises a mix of ground floor showroom/warehouse/office and first floor offices and amenities with a total area of 442.39sqm (approximately) plus 10 onsite, exclusive use car parks. 18G Constellation Drive is currently leased to Hempel (Wattyl) New Zealand Limited, part of a global company and world-leading supplier of coating solutions.

Wattyl have been in New Zealand for over a century and have committed to a lease at 18G Constellation Drive through to July 2029. This is an exciting opportunity to secure a high-profile, mixed-use property with a long-term lease to a well established international tenant.

Features include:

• Well-established international tenant

• Long term lease to 31 July 2029

• Prime corner location on high traffic arterial road

• Mixed use showroom, high-stud warehouse and office space

• Total floor area 442.39sqm (approximately)

For sale by way of Auction (unless sold prior) being held at 11am, Wednesday 28th September 2022

Bayleys House, 30 Gaunt Street, Auckland, New Zealand