• Modern high-stud industrial facility with a substantial breezeway

• Minimal single-level offices with a mix of open-plan and partitioned offices

• Rear yard area and full drive-around capability

• Currently leased to an ASX-listed tenant with final expiry in June 2024

• Well-connected location with easy access to both SH1 and SH20

With a final expiry in June 2024, this property lends itself to both investors looking for an A-Grade industrial with significant rental upside, or owner-occupiers to secure their own premises in the extremely tight Auckland industrial market. The property enjoys solid fundamentals, with a low office ratio, full drive-around, potential for expansion, and a highly sought-after location.

The property boasts a 5,470sqm (approximately) high-stud warehouse (8.15m to 9.6m) and a full 1,421sqm (more or less) breezeway providing all weather devanning or external storage. A single-level office of 488.75sqm (approximately) office is provided on the road frontage of the property with modern accommodation and amenities for staff and clients. A rear yard of 1,377sqm will be a sought-after trait, as will the full drive-around capability of the site.

Currently returning $894,524pa + GST with a final lease expiry in June 2024. Full lease details available upon request.

This is an asset you would be proud to own.

James Hill

021 599 529

james.hill@bayleys.co.nz

Sunil Bhana

021 938 660

sunil.bhana@bayleys.co.nz

Scott Campbell

021 414 107

scott.campbell@bayleys.co.nz

Greg Hall

021 0232 1884

greg.hall@bayleys.co.nz