Heavy Industry heartland - triple net lease
Heavy Industry heartland - triple net lease
57 Angle Street, Onehunga
57 Angle Street, Onehunga
Private Treaty
Private Treaty
Listing ID 1904744
Features
-
1,846sqm
floor area -
6,189sqm
land area -
8
Details
For Sale by Deadline Private Treaty Thursday, 21 September (unless sold prior)
| Available | Low vacancy rates in the area with properties of this size rarely available to the market |
| Location | Located close to Neilson Street, with good access to public transport and motorway networks |
| Opportunity | Neighbouring site 63 Angle Street is also available for sale separately |
| Passing income | Long-term triple net lease returning $333,494pa + GST |
Description
Heavy Industry heartland - triple net lease
• 6,189sqm (more or less) freehold site with a 1,846sqm (more or less) Industrial building and substantial rear yard area
• Leased long-term returning $333,494 p.a. + GST with built-in rental growth
• Highly sought-after Heavy Industry zoning
• Well-connected location with easy access to both SH 1 and SH 20
A hard-working, versatile industrial property providing long-term, growing cash return, with the benefit of a triple net lease, coupled with strong underlying land values. The property enjoys dual street access and provides for heavy industry use, a scarce commodity in locations this close to Auckland City. The neighbouring property at 63 Angle Street is also for sale and could be purchased together. A hands-off investment in the middle of Auckland's Industrial heartland.
For further information, please contact:
Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
+64 21 945 927
mike.houlker@bayleys.co.nz
James Valintine
+64 21 023 71868
james.valintine@bayleys.co.nz
Sunil Bhana
South Auckland - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 938 660 |
| Office: +64 9 375 8438 |
| sunil.bhana@bayleys.co.nz |
Mike Houlker
Auckland Central - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 945 927 |
| Office: +64 9 375 8437 |
| mike.houlker@bayleys.co.nz |
James Valintine
South Auckland - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 023 71868 |
| Office: +64 9 375 7431 |
| james.valintine@bayleys.co.nz |
Features
-
1,846sqm
floor area -
6,189sqm
land area -
8
Details
For Sale by Deadline Private Treaty Thursday, 21 September (unless sold prior)
| Available | Low vacancy rates in the area with properties of this size rarely available to the market |
| Location | Located close to Neilson Street, with good access to public transport and motorway networks |
| Opportunity | Neighbouring site 63 Angle Street is also available for sale separately |
| Passing income | Long-term triple net lease returning $333,494pa + GST |
57 Angle Street, Onehunga
Open in map
Sunil Bhana
South Auckland - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 938 660 |
| Office: +64 9 375 8438 |
| sunil.bhana@bayleys.co.nz |
Mike Houlker
Auckland Central - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 945 927 |
| Office: +64 9 375 8437 |
| mike.houlker@bayleys.co.nz |
James Valintine
South Auckland - Commercial
Licensed under the REA Act 2008
| Mobile: +64 21 023 71868 |
| Office: +64 9 375 7431 |
| james.valintine@bayleys.co.nz |
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