3,034sqm
floor area
8,093sqm
land area
Floor area details | 3,034sqm (more or less) |
Land area breakdown | Commanding 8,093sqm (more or less) freehold site |
Opportunity | Split-risk investment with superb development upside |
Zoning | Business - Heavy Industry |
• Commanding 8,093sqm freehold site on key East Tamaki arterial
• 3,034sqm (more or less) comprising trade retail and industrial
• Currently returning approximately $712,834pa net + GST
• Split-risk investment with superb development upside
107 Harris Road offers a rare opportunity for purchasers to acquire a strategic investment with future development upside. Underpinned by 8,093sqm (more or less) of freehold land, the property benefits from nine separate tenancies, seven of which are returning a combined rental of approximately $712,834pa net + GST, with further uplift from two small vacancies.
The four trade retail tenants offer long-term and strong covenants while the remaining short-term industrial tenancies allow for development potential and future upside.
The property enjoys a high-profile position on Harris Road, one of East Tamaki's main arterial routes, and houses a vast range of commercial and industrial occupiers. With just 38% site coverage and an attractive diversified income, this offering should appeal to a range of investors, owner-occupiers and developers.
Call now for more information.
Tim Bull
021 127 1831
tim.bull@bayleys.co.nz
James Hill
021 599 529
james.hill@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Licensed under the REA Act 2008
Mobile: +64 21 127 1831 |
Office: +64 9 273 6666 |
tim.bull@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 599 529 |
Office: +64 9 375 7463 |
james.hill@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
3,034sqm
floor area
8,093sqm
land area
Floor area details | 3,034sqm (more or less) |
Land area breakdown | Commanding 8,093sqm (more or less) freehold site |
Opportunity | Split-risk investment with superb development upside |
Zoning | Business - Heavy Industry |
107 Harris Road, East Tamaki
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 127 1831 |
Office: +64 9 273 6666 |
tim.bull@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 599 529 |
Office: +64 9 375 7463 |
james.hill@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
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